SpiceJet Faces Fresh Insolvency Plea Over $5.94 Million Dues.
Budget airline SpiceJet is facing fresh insolvency proceedings as Indonesia’s PT BBN Airlines has filed a plea over unpaid lease rentals amounting…
financial crisis
NCLAT Directs NCLT to Decide Who Pays Jet Airways’ Dues to Mumbai Airport.
The National Company Law Appellate Tribunal (NCLAT) has directed the National Company Law Tribunal (NCLT) to determine who will bear the dues…
Creditors Delay Jet Airways Resolution Process, Winning Bidder Appeals to Supreme Court.
The resolution process for Jet Airways has faced significant delays, as reported by the winning bidder during a recent hearing at the…
Jet Airways Crisis Deepens as Lenders Demand Airline Liquidation.
The ongoing crisis surrounding Jet Airways has reached a critical juncture, with lenders remaining resolute in their demand for the airline’s liquidation.…
SpiceJet Places 150 Cabin Crew on Leave Without Pay Amid Financial Struggles.
SpiceJet has made the difficult decision to place 150 cabin crew members on leave without pay as the airline faces severe financial…