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Tag: lessor

    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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