Dublin-based Wilmington Trust SP Services Ltd, an aircraft lessor, has filed a petition with the National Company Law Tribunal (NCLT) to commence insolvency proceedings against SpiceJet, a low-cost carrier based in India.
SpiceJet Airlines
Indian low cost carrier SpiceJet (SG) has announced its plan to add ten Boeing 737 aircraft to its fleet in response to the growing passenger demand.
Indian Low cost carrier SpiceJet (SG) has announced a partnership with FTAI Aviation, a US based engine services provider, to lease up to 20 engines for fleet revival.
Indian LCC SpiceJet (SG) has launched a brand new livery on its first Boeing 737 MAX aircraft. Subsequently, the livery features the Michelin Star chef Vikas Khanna.
SpiceJet (SG) Airlines introduces special onboard dining experiences crafted by acclaimed Michelin-star chef Vikas Khanna with the aim of promoting education for girls.
Indian LCC SpiceJet (SG) Airlines has wet-leased the two old Airbus A340s from the Romanian-based Legend Airlines (LZ).
SpiceJet was given notice and instructed to list the case for the next hearing on May 17 by a two-member Principal bench of the NCLT led by President Ramalingam Sudhakar.
The Bombay High Court (HC) ordered SpiceJet to extend the service contracts of several of its employees whose current agreements were set to expire on December 31, 2021.
SpiceJet has started implementing its plan to save 25 of its idle aircraft amid the bankruptcy of Go First. The Emergency Credit Line Guarantee Scheme (ECLGS) offered by the government and increased cash inflow will be used to pay for the revival expenses.
SpiceJet aims at Expansion amid legal woes further expanding their cargo business and increasing the no. of destinations to non-tier cities.