SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana. As of November 2023, it’s the fourth largest airline in India by variety of home passengers carried, with a market share of 6.2% and connects 73 locations, together with 60 Indian and 13 worldwide from its bases at Delhi and Hyderabad.
On Monday, a division bench of the Delhi Excessive Court docket upheld the earlier ruling by a single decide, directing SpiceJet to return two plane and three engines to its lessor TWC Aviation. The bench, led by Justice Rajiv Shakhder, dismissed the airline’s enchantment and granted a three-week extension, till June 17, for SpiceJet to adjust to the order and return the plane and engines, together with their technical data. The only decide had initially instructed SpiceJet to return the engines by Might 28. Regardless of SpiceJet’s counsel, expressing a need to current arguments concerning jurisdiction earlier than the only decide, the court docket emphasised that this may not hinder the return of the engines as directed.
He talked about that he had personally spoken to the CEO, who requested an affordable period of time to arrange the substitute of the engines.
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