{"id":610692,"date":"2023-10-17T09:24:35","date_gmt":"2023-10-17T03:54:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=610692"},"modified":"2023-10-17T09:49:57","modified_gmt":"2023-10-17T04:19:57","slug":"spicejet-lessor-reach-interim-settlement-next-hearing-in-february","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-lessor-reach-interim-settlement-next-hearing-in-february\/","title":{"rendered":"Spicejet, lessor reach interim settlement, next hearing in February"},"content":{"rendered":"<p>SpiceJet and Engine Lease Finance BV informed the Delhi High Court on Monday that they have reached an interim settlement, putting a temporary hold on legal proceedings. <\/p>\n<p>During the court session, legal representatives from both parties confirmed the agreed settlement terms and requested an adjournment. The court approved the request and rescheduled the matter for 8 February 2024. <\/p>\n<p>The court had previously given SpiceJet until 16 October to reach a settlement with Engine Lease Finance BV, warning that failure to do so would result in an order to halt the use of the leased engines. Although the airline has returned eight of the nine leased engines, it continues to use one.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet and Engine Lease Finance BV informed the Delhi High Court on Monday that they have reached an interim settlement, putting a temporary hold on legal proceedings. During the court session, legal representatives from both parties confirmed the agreed settlement terms and requested an adjournment. The court approved the request and rescheduled the matter for 8 February 2024. The court had previously given SpiceJet until 16 October to reach a settlement with Engine Lease Finance BV, warning that failure to do so would result in an order to halt the use of the leased engines. Although the airline has returned [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-610692","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/610692","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=610692"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/610692\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=610692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=610692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=610692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}