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Asia-Pacific's Shifting Engine Industry Dynamics | Aviation Week Network

Uncertainties in business, geopolitics and technology create challenges for MRO leaders.

India
Guangzhou
Guangdong
China
Singapore
Amsterdam
Noord-holland
Netherlands
Marc-szepan
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SpiceJet Faces Insolvency Plea by Engine Lease Finance Over $12M Debt

Engine Lease Finance BV, an aircraft engine lessor to SpiceJet, has filed an insolvency petition against the airline over a debt exceeding $12 million. ELF claims unpaid dues since April 2021. Various insolvency petitions by other creditors of SpiceJet are also ongoing, with some already settled or dismissed.

Delhi
India
Ireland
Mahendra-khandelwal
Sanjeev-ranjan
Willis-lease-finance
National-company-law-appellate-tribunal
Delhi-high-court
National-company-law-tribunal
Aircastle-ireland-ltd
Spicejet
Engine-lease-finance

SpiceJet Faces Insolvency Plea Over $12 Million Debt

Engine Lease Finance BV, an aircraft engine lessor of SpiceJet, has moved an insolvency plea before the NCLT against the debt-ridden air carrier over non-payment of over $12 million (around Rs 100 crore). Engine Lease Finance has leased eight engines to SpiceJet. Along with interest and rental, ELF has claimed an amount of around $16 million.

Delhi
India
National-company-law-tribunal-on
Spicejet
Engine-lease-finance
National-company-law-tribunal
Engine-lease

Go First case: NCLT defers hearing to July amid uncertainty over airline's future

Go First case: NCLT defers hearing to July amid uncertainty over airline's future
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

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India
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American
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National-company-law-tribunal
Ministry-of-corporate-affairs
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Delhi-high-court
Delhi-high-court-on
Pratt-whitney
Resolution-professional

SMBC completes sale & leaseback of two engines with Utah's Breeze Airways

SMBC completes sale & leaseback of two engines with Utah's Breeze Airways
travelextra.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelextra.ie Daily Mail and Mail on Sunday newspapers.

Netherlands
Roger-welaratne
Breeze-airways
Engine-lease