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SpiceJet Hit With New Insolvency Claims From Irish Lessors, Ex-Pilot
Hindustan Times Navi Mumbai
|March 07, 2025
SpiceJet Ltd has been hit with fresh insolvency claims from three Ireland-based aircraft lessors and a former pilot over defaults on rental and employment dues, just as the financially strained airline prepares to revive operations.
NEW DELHI:
Three Irish lessors—NGF Genesis Ltd, NGF Charlie Ltd, and NGF Alpha Ltd—have alleged that SpiceJet defaulted on rental payments, with their combined claims amounting to $12.4 million.
These entities approached the National Company Law Tribunal (NCLT) after previously serving a legal notice on the airline in December, accusing it of theft of aircraft parts, including engines, from five leased Boeing 737 freighter planes.
Additionally, a former SpiceJet pilot, Devesh Bbyan, has filed a claim for ₹1.70 crore towards unpaid employment dues for March 2020 to August 2022.
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