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, NGF Genesis and NGF Charlie- have filed petitions under Section 9 of IBC, seeking initiation of insolvency proceedings against SpiceJet claiming dues totalling $12.68 million (about ₹ 110 crore).
SpiceJet, during the proceedings of the National Company Law Tribunal, earlier this week, sought…
