SpiceJet gets NCLT notice on aircraft lessor plea
NEW DELHI: The NCLT on Monday issued a notice to cash-strapped SpiceJet on a petition filed by Ireland-based aircraft lessor Aircastle (Ireland), which is seeking initiation of insolvency resolution proceedings against the airline. The next hearing is scheduled for May 17. Aircastle had filed the petition against SpiceJet on April 28.
A SpiceJet spokesperson said, “In the Aircastle issue, a notice was issued in normal course. There was no adverse ruling against SpiceJet. The court has recognised the fact that parties are under settlement discussions and they can continue to pursue the same. ”
The NCLT website shows two more petitions for insolvency resolution proceedings against SpiceJet are pending.
