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SpiceJet Gives Lessors 4.8 Crore Shares To Clear Over Rs 230 Crore Dues

Low-cost carrier SpiceJet on Monday said it allotted over 4.8 crore shares to nine aircraft lessors to clear outstanding dues worth nearly Rs 231 crore, as the troubled airline looks to return to full operations. ....

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3 SpiceJet planes de-registered, airline says 'no impact on ops'

Two of three de-registered planes were non-operational and there's no impact on operations, SpiceJet said. ....

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SpiceJet's settlement offer not good enough: Airline's lessor Aircastle tells NCLT

The NCLT has listed Aircastle’s insolvency plea against SpiceJet on May 25. The lessor claimed that the airline has unpaid dues. ....

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