Pay $1.58 mn to lessors by May 22: HC to SpiceJet

Pay $1.58 mn to lessors by May 22: HC to SpiceJet

The Delhi High Court has directed SpiceJet to pay $1.58 million to engine lessors by May 22. The court has given this order in response to a petition filed by Merx Business Advisory, which represents several engine lessors. The court observed that SpiceJet had not cleared its dues for quite some time and ordered the airline to clear the payment by the specified date. Failure to comply with the court’s order may lead to further legal action against the airline.

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