The Resolution Professional of the grounded Jet Airways has served a notice to SpiceJet seeking payment for engines that were leased out to the latter.
Jet Airways was dragged to the NCLT over unpaid dues in June 2019. The tribunal had considered Jet Airways as a ‘going concern’, after which a few of Jet Airways’ assets had been leased out to industry players in order to recover some cost.
Some of the engines from aircraft flown by Jet Airways were mounted on the fleet of SpiceJet. SpiceJet was to pay a lease amount for the same. These engines are owned by Jet Airways.
