SpiceJet’s passenger aircraft. File | Photo Credit: Reuters SpiceJet is facing a fresh round of troubles as three Ireland-based aircraft lessors and a former pilot have filed insolvency pleas in NCLT against the budget carrier, claiming defaults. Also Read | Spicejet plans to raise over ₹3,200 crore via debt, equity Three lessors – NGF Alpha,…
Healthcare Giant Announces $400M Debt And Subsequent Bankruptcy, Plans To Sell 50% Of Locations AOL Read the original article here
During President Trump’s first Cabinet meeting, DOGE lead Elon Musk warned about the ballooning debt and trillions in deficits. Tesla CEO Elon Musk appeared at President Donald Trump’s first Cabinet meeting on Wednesday to discuss his waste-cutting efforts with the Department of Government Efficiency (DOGE) commission. During the meeting, Musk took aim at what he…
Since opening its doors in September 2023, the Sphere in Las Vegas has offered an unprecedented concert experience. The technological marvel is truly something to behold, with state of the art visuals accompanied by incredible audio technology. UCR writers have taken in a handful of shows at the venue – including U2, Dead & Company…
SpiceJet is facing renewed financial trouble as three Ireland-based aircraft lessors and a former pilot have filed insolvency petitions against the budget carrier in the National Company Law Tribunal (NCLT), citing unpaid dues. Lessors NGF Alpha, NGF Genesis, and NGF Charlie have moved NCLT under Section 9 of the Insolvency and Bankruptcy Code (IBC),…
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Bradley Wiggins has opened up on his post-retirement struggles, as the cycling legend detailed his drug addiction battle and the financial issues which declared him bankrupt in June last year. Wiggins, who won a previous national record eight Olympic gold medals, was one of the greatest cyclists ever produced by Great Britain, winning titles on…
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APUS Zero Emission Enters Provisional Insolvency Amid Challenges in Green Hydrogen Aviation – World Energy APUS Zero Emission, a pioneer in hydrogen aircraft development, has entered provisional insolvency proceedings as it grapples with financial viability issues in the slowly transitioning green aviation sector. APUS Zero Emission GmbH, based in Strausberg, has been placed under provisional…
Fresh trouble for SpiceJet as 3 aircraft lessors, former pilot file insolvency pleas Daily Excelsior Read the original article here