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Home/ Editorial Comment/ One lessor moves forward with an insolvency petition against SpiceJet

One lessor moves forward with an insolvency petition against SpiceJet

Dino D'Amore
By Dino D'Amore Mar 11, 2015 6 mins read
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One lessor moves forward with an insolvency petition against SpiceJet

SpiceJet leaked to the market this week that it has started to pay back lessors and other creditors saying that a $10 million injection by new investor Ajay Singh has been distributed among lessors threatening to repossess their aircraft. This is liberal truth at best. The reality is that ICBC and M...

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