New Delhi: Delhi High Court on Monday reserved its order on an Irish firm’s plea to ground five aircraft leased by it to Spicejet till their registration was cancelled by aviation regulator DGCA.
A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw heard arguments of Spicejet, Ireland-based B&B Air Acquisition and the DGCA (Directorate General of Civil Aviation) and reserved its verdict on the aircraft leasing company’s plea.
B&B has sought directions to DGCA to cancel Certificate of Registration (CoR) of five Boeing 737 aircraft, leased by it to the no-frill airline, and grounding them.
Senior advocate Ramji Srinivasan, appearing for B&B, said that its lease agreement with the airline was terminated in December last year over alleged non-payment of dues, including rent of the aircraft.
After termination of lease, the company wrote to DGCA to cancel registration of the aircraft, but the regulator did not do so on the ground that the CoR has not been returned by Spicejet.
10/02/15 Bharat Press
To Read the News in full at Source, Click the Headline
A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw heard arguments of Spicejet, Ireland-based B&B Air Acquisition and the DGCA (Directorate General of Civil Aviation) and reserved its verdict on the aircraft leasing company’s plea.
B&B has sought directions to DGCA to cancel Certificate of Registration (CoR) of five Boeing 737 aircraft, leased by it to the no-frill airline, and grounding them.
Senior advocate Ramji Srinivasan, appearing for B&B, said that its lease agreement with the airline was terminated in December last year over alleged non-payment of dues, including rent of the aircraft.
After termination of lease, the company wrote to DGCA to cancel registration of the aircraft, but the regulator did not do so on the ground that the CoR has not been returned by Spicejet.
10/02/15 Bharat Press
