Nishtha Ganesh
The Delhi High Court dealt a final blow to any hopes of a revival for Go First by ordering the aviation regulator to deregister all 54 aircraft leased by the bankrupt airline, effectively grounding
TBM Staff - Mumbai
SpiceJet and Export Development Canada (EDC) have signed a settlement agreement, the terms of which will allow the airline to clear major liabilities, leading to a comprehensive revitalisation of its balance sheet. This settlement marks
TBM Staff - Mumbai
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
TBM Staff - Mumbai
SpiceJet has reached a settlement terms with aircraft leasing firm, Cross Ocean Partners, resolving a dispute of about USD 11.2 million (INR 93 crore). The parties made this joint announcement before the Delhi High Court
TBM Staff - Mumbai
The fate of Go First hangs in the balance as potential buyers, including a consortium led by SpiceJet Chief Ajay Singh and Sharjah-based Sky One, propose conditional payments linked to the resolution of a lawsuit
TBM Staff - Mumbai
Budget carrier SpiceJet Limited disclosed a resolution with aviation lessor Celestial Aviation before the National Company Law Tribunal (NCLT). The airline has commenced payment processes under the agreement and seeks an extra week to
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