Indian no-frills carrier SpiceJet has entered into a settlement deal with De Havilland Canada (DHC). The Canadian company had earlier this year taken SpiceJet to UK courts to recover $42.9 million for failing to make pre-delivery payments after ordering 25 Dash-8-400...
Financially-beleaguered Indian no-frills carrier SpiceJet has been ordered to wind up its operations by the Madras High Court, in an order passed earlier this week. The Madras High Court has also asked the official liquidator to take over the low-cost airline’s...
Since 2015, Indigo has had an unassaiblelead in passenger traffic The loss of Jet was a big hit but the others stepped into the breach quickly The main beneficiaries of the loss of Jet appear to SpiceJet and GoAir. Not Air India.
The Cape Town Convention on International Interests in Mobile Equipment is an international treaty that enables leasing companies to repossess aircraft, among other assets, in the event of a default by the lessor. The protocols under the treaty work well, and...
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