SpiceJet faces setback as SC backs order to ground engines
WEB15 hours ago · A bench, led by Chief Justice of India Dhananjaya Y Chandrachud, observed that SpiceJet was free to engage in negotiations with the lessors, Team France 01 SAS and Sunbird France 02 SAS, over the ...
SC dismisses SpiceJet's plea against HC order grounding 3 aircraft ...
WEB1 day ago · India News: The Supreme Court upheld a Delhi High Court ruling directing SpiceJet to ground three aircraft engines over unpaid dues to lessors. SpiceJet is negoti
SC affirms high court order to SpiceJet to return 3 leased aircraft ...
WEB1 day ago · A bench, led by Chief Justice of India Dhananjaya Y Chandrachud, observed that SpiceJet was free to engage in negotiations with the lessors, Team France 01 SAS and Sunbird France 02 SAS, over the ...
SpiceJet approves 48.7 crore share issue for Rs 3,000 crore QIP at …
WEB9 hours ago · Low-cost airline SpiceJet on Saturday announced that its board has approved the issuance and allotment of about 48.71 equity shares to eligible qualified institutional buyers to raise Rs 3,000 crore at an issue price of Rs 61.60 apiece. The issue price includes a premium of Rs 51.60 per unit and a discount …
SpiceJet gets weekend task from SC to stop losing three engines …
WEB1 day ago · Synopsis. The Supreme Court instructed SpiceJet to negotiate with its lessors over the weekend regarding three engines that must be returned due to non-payment of lease rentals. The court declined to interfere with a High Court order requiring the airline to ground the engines and return them to Team France 01 SAS and Sunbird France 02 SAS ...
Supreme Court dismisses SpiceJet’s appeal, upholds grounding
WEB1 day ago · Photo: Reuters. The Supreme Court on Friday rejected SpiceJet's plea against a Delhi High Court order that required the cash-strapped airline to ground three engines leased from Team France 01 SAS ...
SC dismisses SpiceJet's plea against HC order grounding 3 aircraft ...
WEB1 day ago · The Supreme Court on Friday upheld an order of the Delhi High Court which directed low-cost airline SpiceJet to ground three aircraft engines for defaulting on payments to lessors. A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra dismissed the appeal filed ...
Setback for SpiceJet as Supreme Court upholds order to
WEB1 day ago · The Supreme Court has directed debt-ridden SpiceJet to ground and return three aircraft engines to their lessors within 15 days, following the airline's failure to comply with a previous consent order regarding payment. The airline is reported to owe a substantial $6.09 million to its lessors, leading to concerns over its financial conduct. NSE.
Delhi high court upholds order asking SpiceJet to return three …
WEBSep 11, 2024 · A division bench of the Delhi high court on Wednesday upheld a single judge’s order directing the budget airline SpiceJet to ground three engines and return them to the lessor—Team France 01 ...
Indian carrier SpiceJet to raise $360 mln in latest move to restore ...
WEBJul 23, 2024 · India's SpiceJet said on Tuesday it plans to raise 30 billion rupees (around $360 million) by selling securities, including shares, marking the troubled budget carrier's latest attempt to shore...
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