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Aviation
SpiceJet, Cross Ocean Partners settle USD 11.2mn dispute

SpiceJet, Cross Ocean Partners settle USD 11.2mn dispute

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

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