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Delhi HC upholds its order directing SpiceJet to return leased engines amid financial struggles

By Economic Times - 2 months ago
The Delhi High Court upheld an order requiring SpiceJet to ground and return three engines to lessors Team France 01 SAS and Sunbird France 02 SAS due to unpaid lease dues. The court noted SpiceJet's financial struggles and emphasized the need for compliance with the agreed interim payment arrangement.

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