SpiceJet Bankruptcy Cases To Be Heard Afresh By New NCLT Bench After Lessor Settlement
Bankruptcy petitions filed by aircraft lessors against SpiceJet will now be heard afresh by a new bench after the airline reached a last-minute settlement with one of the lessors, an Indian tribunal ruled on Wednesday. According to a report by Reuters, the decision provides temporary relief to the financially troubled airline but represents a setback for aircraft leasing companies that have been…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
