Key Points
The Supreme Court said Thursday it will consider listing low-cost airline SpiceJet's plea challenging a Delhi High Court verdict grounding three aircraft engines for defaulting on payments to lessors...
A division bench of the Delhi High Court on Wednesday held that the carrier had violated an agreed interim arrangement for payment of dues and upheld an order of a single-judge bench asking the low-cost airline to ground the three engines for defaulting on the payments...
The single-judge bench of the high court had on August 14 directed SpiceJet to ground three engines by August 16 and hand them over to their lessors -- Team France 01 SAS and Sunbird France 02 SAS...
A high court bench of Justices Rajiv Shakdher and Amit Bansal refused to interfere with an August 14 order of the single-judge bench to ground the three aircraft engines and hand them over to the lessors, and disposed of SpiceJet's appeals against it...
"It is, however, clarified that the defendant will remain liable for making payments, which it undertook in an order dated May 29, 2024, towards the admitted outstanding of USD 4.8 million and towards the weekly payments arising on account of the use of the engines under the aegis of this court...
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