Undue protection given to Indian airlines, say aircraft lessors
Warning that barring repossession will spark confidence crisis
Source: businesslive.co.za
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India: SpiceJet faces insolvency petition over unpaid dues
Indian airline SpiceJet has been served a notice from the National Company Law Tribunal (NCLT) after Irish aircraft lessor Aircastle filed a petition seeki..
Source: khaleejtimes.com
NCLT serves notice to SpiceJet on Aircastle plea
Last week, Aircastle filed an insolvency application against the low-cost carrier, seeking to initiate corporate insolvency resolution process under Section 9 of the Insolvency and Bankruptcy Code.
Source: livemint.com
Russian airlines will keep planes leased from foreign firms
The fate of hundreds of planes leased by Russian airlines from foreign companies grew...
Source: lmtonline.com
Russian airlines will keep planes leased from foreign firms
The fate of hundreds of planes leased by Russian airlines from foreign companies grew...
Source: ncadvertiser.com