Delhi HC orders SpiceJet to ground three engines over unpaid dues to lessors

The Delhi High Court has directed SpiceJet to ground three leased engines by Friday over unpaid dues to lessors Team France 01 SAS and Sunbird France 02 SAS. The airline must return the engines within 15 days. The court was doubtful about SpiceJet’s proposal to pledge shares, citing concerns over share price volatility.
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