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SC asks SpiceJet to return three engines to lessors
The Morning Standard
|September 21, 2024
IN a setback for SpiceJet, the Supreme Court on Friday in its order upheld the Delhi High Court's decision and directed SpiceJet to ground and return three aircraft engines to their lessors, following the airline's failure to comply with a previous order regarding payment.
SpiceJet is reported to owe about $6.09 million to its lessors. Refusing to modify the HC's order, the apex court reiterated that the order explicitly outlines the consequences of non-payment, which includes grounding the aircraft. "We see no reason to
This story is from the September 21, 2024 edition of The Morning Standard.
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