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SpiceJet, AerCap settle Rs 250 crore dispute, avoid litigation

SpiceJet and AerCap informed a bench of National Company Law Tribunal (NCLT) last week that the settlement terms had been reached.

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Step towards final settlement : SpiceJet on Supreme Court order to pay Rs 270 cr to Kalanithi Maran

Following the Supreme Court verdict asking SpiceJet to pay Rs 270 crore to Kalanithi Maran and his Kal Airways , a SpiceJet spokesperson said, “We hope this is a step towards achieving a final settlement."

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SpiceJet Will Fold Up If : Supreme Court To Hear Dues Dispute Friday

Supreme Court has agreed to hear the SpiceJet dues dispute matter on Friday, January 28, after the airline said "it will fold up if case not heard".

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