{"id":636937,"date":"2024-02-29T12:28:38","date_gmt":"2024-02-29T06:58:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=636937"},"modified":"2024-02-29T12:32:19","modified_gmt":"2024-02-29T07:02:19","slug":"spicejet-settles-rs-250-cr-dispute-with-celestial-aviation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-settles-rs-250-cr-dispute-with-celestial-aviation\/","title":{"rendered":"SpiceJet settles Rs 250 cr dispute with Celestial Aviation"},"content":{"rendered":"<p>Private carrier SpiceJet has mutually settled its Rs 250 crore dispute with AerCap&#8217;s subsidiary Celestial Aviation, the company said in a stock exchange clarification on Wednesday.<\/p>\n<p>With this, the company said it will avoid litigation and save Rs 235 crore.<\/p>\n<p>&#8220;The representatives of both Parties informed a bench of National Company Law Tribunal (NCLT) last week that settlement terms had been reached and requested an adjournment. The Court graciously granted the adjournment,&#8221; it said in a release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Private carrier SpiceJet has mutually settled its Rs 250 crore dispute with AerCap&#8217;s subsidiary Celestial Aviation, the company said in a stock exchange clarification on Wednesday. With this, the company said it will avoid litigation and save Rs 235 crore. &#8220;The representatives of both Parties informed a bench of National Company Law Tribunal (NCLT) last week that settlement terms had been reached and requested an adjournment. The Court graciously granted the adjournment,&#8221; it said in a release.<\/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-636937","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\/636937","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=636937"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/636937\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=636937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=636937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=636937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}