Tag: SpiceJet Lessors

India’s SpiceJet bankruptcy cases to be reheard in setback for lessors

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India’s SpiceJet bankruptcy cases to be reheard in setback for lessors

After the order, SpiceJet’s shares pared losses to trade down 2.1% at ₹10.95. | Photo Credit: Reuters An Indian court on Wednesday (August 19, 2026) said ‌bankruptcy petitions filed by aircraft lessors against SpiceJet ​will be heard afresh by ⁠a new bench, after the airline reached a last-minute settlement with one lessor. The order is…

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SpiceJet Gives Lessors 4.8 Crore Shares To Clear Over Rs 230 Crore Dues

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SpiceJet Gives Lessors 4.8 Crore Shares To Clear Over Rs 230 Crore Dues

SpiceJet’s shareholders on Thursday passed a number of resolutions (Representational) Bengaluru: Low-cost carrier SpiceJet on Monday said it allotted over 4.8 crore shares to nine aircraft lessors to clear outstanding dues worth nearly Rs 231 crore, as the troubled airline looks to return to full operations. The carrier’s shareholders had on Thursday passed a number…

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