Aircraft lessor Aircastle withdraws insolvency case against airline: SpiceJet

NEW DELHI: SpiceJet on Thursday said aircraft lessor Aircastle has withdrawn the insolvency case against the airline following a “mutually agreed upon settlement”. Last month, SpiceJet announced the resolution of a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) Ltd. “Aircastle (Ireland) Designated Activity Company has withdrawn its…

Aircraft lessor Aircastle withdraws insolvency case against airline: SpiceJet | Business News

SpiceJet on Thursday said aircraft lessor Aircastle has withdrawn the insolvency case against the airline following a “mutually agreed upon settlement”. Last month, SpiceJet announced the resolution of a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) Ltd. “Aircastle (Ireland) Designated Activity Company has withdrawn its insolvency case…