New Delhi: The National Company Law Appellate Tribunal on Friday allowed Go First Airline's engine lessor, Engine Lease Finance BV, to inspect its four parked engines leased to the grounded airline. The engine lessor argued that it should be treated on par with aircraft lessors, who were allowed to inspect their parked aircraft by the Delhi High Court's single bench. …
Highlights Goshawk Aviation Limited is one of the main lessors of the MAX aircraft of SpiceJet The parties have agreed to settle their disputes under and related to the aircraft lease agreements The agreement ends all litigation proceedings between the parties SpiceJet on Tuesday announced a settlement agreement with aircraft lessor Goshawk Aviation Limited and its affiliated leasing entities Wilmington …
The Delhi High Court has adjourned the hearing of a lawsuit against no-frill carrier SpiceJet Ltd by aircraft lessor Goshawk and its trustee Wilmington Trust SP Services Dublin Ltd regarding unpaid dues to 14 December after passing an interim order in September preventing the airline from transferring its assets to the tune of decretal amount. Goshawk and its trustee had …
