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Engine Lease Finance BV, an aircraft engine lessor to SpiceJet, has filed an insolvency petition against the airline over a debt exceeding $12 million. ELF claims unpaid dues since April 2021. Various insolvency petitions by other creditors of SpiceJet are also ongoing, with some already settled or dismissed.
Engine Lease Finance BV, an aircraft engine lessor of SpiceJet, has moved an insolvency plea before the NCLT against the debt-ridden air carrier over non-payment of over $12 million (around Rs 100 crore). Engine Lease Finance has leased eight engines to SpiceJet. Along with interest and rental, ELF has claimed an amount of around $16 million.
Three IndiGo flights to and from Jayaprakash Narayan International Airport affected by Cyclone Remal, causing cancellations and delays. Passengers stranded due to inclement weather in West Bengal and Jharkhand. Kolkata-Patna-Kolkata flight cancelled, Deoghar flight delayed, and Kolkata flight stranded passengers at Patna airport. Recent articles cover Kolkata airport suspensions and resumptions due to Cyclone Remal.
KAL Airways and Kalanithi Maran announced on May 27 that they will seek more than Rs 1,323 crore in damages from SpiceJet and its chief Ajay Singh
KAL Airways and Kalanithi Maran on Monday said they will seek more than Rs 1,323 crore in damages from SpiceJet and its chief Ajay Singh as well as...