Financiers BOC Aviation, Wilmington Trust file claim against SpiceJet
MUMBAI: Financiers BOC Aviation and Wilmington Trust Corp, a subsidiary of M&T Bank Corp have filed a claim against low fare carrier SpiceJet NSE -1.68 % in an English court.
Details of the case weren’t immediately available, people close to the development said they are on lease rental dues.
Indian carriers, like their global peers are cash-strapped due to an unprecedented impact on their business by Covid19.
According to Planespotters, BOC Aviation has 7 planes leased to SpiceJet.
A spokesperson for BOC Aviation declined to comment. An email sent to SpiceJet didn’t elicit a response before the story went to press.
