SpiceJet Settles Engine Maintenance Dispute

Earlier this year the Indian High Court rejected Spicejet’s appeal against the winding-up petition brought by Credit Suisse.
Credit: Goshawk.Aero
Indian low-cost carrier SpiceJet has resolved a financial dispute over engine maintenance payments that had threatened the company with liquidation. The case concerned engine maintenance services contracted under a 10-year deal with SR Technics in 2011. In late 2021, an Indian court ordered the...

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