Tuesday, April 07, 2015

SpiceJet withdraws plea from HC against Irish lessor

New Delhi:  SpiceJet on Tuesday withdrew from the Delhi high court one of its pleas seeking orders to DGCA not to de-register its three Boeing 737 aircraft leased from an Irish firm, saying it has arrived at a settlement with the foreign entity.

SpiceJet told a bench of Chief Justice G Rohini and Justice RS Endlaw that it has arrived at a settlement with Wilmington Trust SP Services (Dublin) Ltd and withdrew the petition filed against the Irish firm.

The second petition, which involves three Boeing 737 aircraft leased from another Irish firm, AWAS Ireland Ltd, was listed by the court for hearing on May 1 after the low-cost airline said it is in the process of settling the payment due to the foreign entity.
SpiceJet had filed the two petitions challenging a March 19 order of a single-judge of the High Court directing Directorate General of Civil Aviation (DGCA) to de-register the six Boeing 737 planes leased from the two Irish firms.
07/04/15 PTI/Times of India
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