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2 mins read
SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial Aviation
The representatives of both parties informed a bench of NCLT last week that settlement terms had be…
ANI
2 mins read
HC allows Go First lessors to inspect aircraft, carry out maintenance
The Delhi High Court has allowed Go First's lessors to inspect their aircraft twice a month to carr…
PTI
6 mins read
Go First's insolvency flight leaves trail of concerns for aircraft lessors
At least 50 leasing companies have requested the return of leased planes from two Indian airlines i…
PTI
2 mins read
DGCA required to deregister aircrafts, Go First lessors tell Delhi HC
New Delhi, Several aircraft lessors of Go First pitched before the Delhi High Court on Friday for d…
PTI
1 min read
Go First insolvency: NCLAT to pass order on aircraft lessors' petitions on May 22
The bench also asked the parties to submit additional documents, if any, in the next 48 hours. …
PTI
2 mins read
National Company Law Appellate Tribunal to hear Go First lessors' plea today
NCLAT on Friday deferred the matter pertaining to Go First lessors' petition seeking a stay on a ba…
ANI
2 mins read
Go First seeks NCLT directions to restrain lessors, regulator from taking any action
Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal, i…
PTI
3 mins read
Russian airlines may soon resort to 'cannibalizing' planes and creating a 'Frankenstein fleet' to keep Western-built planes flying
Experts say Russia's airlines may have to take extreme measures to keep planes in the air as the co…
Taylor Rains
2 mins read
Aircraft lessors could lose hundreds of planes stranded in Russia
Lessors have until March 28 to get their planes out of Russia, but an estimated $10.3 billion worth…
Taylor Rains
4 mins read
Get a new lease of growth with cloud technology
In contrast to more traditional approaches, in which hardware and software resources must be purcha…
2 mins read
Spicejet expects to resolve settlement disputes with lessors shortly
Budget carrier SpiceJetBSE -0.92 % today said it is negotiating with its aircraft lessors, who have…
3 mins read
SC dismisses review pleas on allowing states to levy tax on minerals
The Supreme Court has dismissed petitions seeking to review the 9-judge bench judgement, which held…
ANI
2 mins read
Emirates agreed to buy 5 Airbus A380s as the world's largest passenger airliner continues its post-pandemic comeback
Emirates is buying five Airbus A380s for $200 million after leasing them for 12 years, as airlines …
Pete Syme
1 min read
SpiceJet shares climb over 3% after earnings announcement
The stock climbed 7.35 per cent to Rs 60 during the day on the BSE. It ended at Rs 57.70, up 3.24 p…
PTI
2 mins read
DGCA approves Go First's resumption of operations on specific conditions
India's civil aviation regulator, the Directorate General of Civil Aviation (DGCA) has granted appr…
1 min read
NCLAT upholds NCLT order allowing Go First's voluntary insolvency proceedings
The National Company Law Appellate Tribunal (NCLAT) has upheld an NCLT order allowing Go First's vo…
PTI
3 mins read
How Russia is evading sanctions to keep $10 billion worth of seized Boeing and Airbus planes flying
Sanctions prevent Boeing or Airbus from sending spare parts to Russia, so the nation has turned to …
Taylor Rains
2 mins read
A Kansas man pleaded guilty to selling plane parts to Russia. Here's how Russian airlines have struggled with sanctions.
Cyril Gregory Buyanovsky admitted to doing business with the FSB and other sales to Russia as its …
Pete Syme
2 mins read
NCLT to hear insolvency proceedings plea filed against SpiceJet next week
Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating inso…
PTI
1 min read
India has huge sales potential says Boeing amidst the GoFirst crisis
Amid aircraft lessors' concerns in the wake of the Go First crisis, US aircraft maker Boeing on Fri…