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Aviation
SpiceJet settles dispute with Lessor, saving costs

SpiceJet settles dispute with Lessor, saving costs

  SpiceJet has officially resolved a USD 49.8 million (INR 413 Crore) dispute with Echelon Ireland Madison One Ltd., marking a significant achievement for the airline. This settlement not only translates to substantial cost savings

Aviation
Delhi HC grants permission to lessor for inspection of leased engine to SpiceJet

Delhi HC grants permission to lessor for inspection of leased engine to SpiceJet

In a significant legal development, the Delhi High Court has given approval for Engine Lease Finance BV to conduct inspections on an engine it leased to SpiceJet. The court ruling permits the lessor to inspect

Aviation
Delhi HC issues notice to Go First’s RP & DGCA

Delhi HC issues notice to Go First’s RP & DGCA

The Delhi High Court issued notices to Go First's resolution professional and the Director General of Civil Aviation (DGCA) in response to a plea filed by aircraft lessors BOC Aviation (Ireland) Ltd, ACG Aircraft Leasing

Aviation
Lessor receives NCLAT nod to inspect aircraft leased to Go First

Lessor receives NCLAT nod to inspect aircraft leased to Go First

The National Company Law Appellate Tribunal (NCLAT) yesterday granted permission to Ireland-based lessor Jackson Square Aviation Ltd to inspect its aircraft leased to cash-strapped Go First. This decision follows a similar observation made in the

Aviation
Lessor moves NCLAT to stop Go First from flying aircraft

Lessor moves NCLAT to stop Go First from flying aircraft

Jackson Square Aviation Ireland Ltd, the lessor for the grounded airline Go First, has moved the National Company Law Appellate Tribunal (NCLAT) seeking directions to prevent its parked aircraft from being used for flying by

Aviation
SpiceJet settles litigation with lessor and its affiliates for Boeing aircraft

SpiceJet settles litigation with lessor and its affiliates for Boeing aircraft

Low-cost carrier SpiceJet Ltd said on Tuesday it has entered into a settlement agreement with aircraft lessor Goshawk Aviation Ltd and its affiliates related to three Boeing aircraft, reports Reuters. The airline said that the

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