Key Points
The Delhi High Court on Wednesday asked cash-strapped airline SpiceJet and the lessor Engine Lease Finance BV to look for a give the name of a third party agency to inspect and certify the present condition of the engine in aid of being sent back to Brussels on 'as is where is basis...
Lessor Engine Lease Finance BV has earlier offered SpiceJet to return the remaining engine that the carrier had leased on an 'as is where is' basis...
SpiceJet said it was willing to deliver the aircraft engine on an as is where is basis which would then be flown as cargo to Brussels, Belgium..
However, considering the nature of the intricacies involved, the counsels agreed that the correct way forward would be to conduct an inspection of the engine, to ascertain present condition to specify as is where is basis...
SpiceJet is actively engaged in discussions for long-term lease contracts with lessors, signalling our commitment to expand our fleet and network, said the spokesperson...
