{"id":602785,"date":"2023-09-11T12:49:02","date_gmt":"2023-09-11T07:19:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=602785"},"modified":"2023-09-11T12:49:02","modified_gmt":"2023-09-11T07:19:02","slug":"aircraft-lessor-rejects-spicejets-offer-to-issue-shares-against-dues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aircraft-lessor-rejects-spicejets-offer-to-issue-shares-against-dues\/","title":{"rendered":"Aircraft lessor rejects SpiceJet&#8217;s offer to issue shares against dues"},"content":{"rendered":"<p>Aircraft lessor Aircastle (Ireland) Ltd has rejected SpiceJet&#8217;s offer to allocate shares in lieu of its dues, ET has learnt, even as the cash-strapped budget airline maintained it expects to reach settlements with lessors including Aircastle.<\/p>\n<p>SpiceJet had reached out to multiple lessors &#8211; some of which have approached the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against the airline &#8211; offering equity against the dues it owes them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aircraft lessor Aircastle (Ireland) Ltd has rejected SpiceJet&#8217;s offer to allocate shares in lieu of its dues, ET has learnt, even as the cash-strapped budget airline maintained it expects to reach settlements with lessors including Aircastle. SpiceJet had reached out to multiple lessors &#8211; some of which have approached the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against the airline &#8211; offering equity against the dues it owes them.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-602785","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=602785"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602785\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=602785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=602785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=602785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}