TBM Staff - Mumbai
SpiceJet has faced an insolvency plea from engine lessor ELF, citing the airline's default on lease payments since April 2021. Initially, SpiceJet raised technical objections to ELF's plea, but the tribunal allowed ELF to
TBM Staff - Mumbai
The National Company Law Tribunal (NCLT) has approved the merger of Air India and Vistara, paving the way for the creation of one of the world's largest airline groups. Post-merger, which was announced in November
TBM Staff - Mumbai
More than 7,000 employees of Air India and Vistara have been assessed and their fitment will be complete in June as the merger process of two Tata Group-owned airlines progresses, sources said on Monday. Air
TBM Staff - Mumbai
The National Company Law Tribunal (NCLT) on Monday deferred its hearing in Go First’s insolvency case to July 11, leaving the lessors stranded. The NCLT indicated that it needed more time to study the Delhi
TBM Staff - Mumbai
The future of Go First, which ceased operations on May 3, 2023, may soon be determined within the next two months. The National Company Law Tribunal (NCLT) granted an additional 60-day extension to the
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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