The HC has nevertheless decided to continue hearing the case on merits and adjourned it to November 3, when the Resolution Professional of Go First is expected to commence his arguments
Bluesky is the third lessor to have secured this order from the NCLAT since August 2023. The first two being Engine Lease Finance BV and Jakson Square Aviation.
SpiceJet has been scrambling to raise funds and restore operations for about a fourth of its fleet that has been grounded amid fierce competition in the sector.
The appellate tribunal further noted that it does not approve the order of NCLT, which refused to permit the engine lessor from inspecting the engines they have leased out.