Team Blitz India
NEW DELH: The Delhi High Court has issued a warning to low-cost carrier SpiceJet, threatening contempt action if the airline fails to return three aircraft engines to its lessor, TWC Aviation, by July 8. This decision was rendered by a division bench on July 2 , as SpiceJet sought an extension to the original deadline of June 16, reported, Moneycontrol.
The extension request arose from SpiceJet’s inability to find alternative aircraft engines, leaving the airline in a precarious position.Senior advocate Amit Sibal, representing SpiceJet, informed the court that the engines in question are currently installed in operational aircraft.
On the other hand, senior advocate Dayan Krishnan, representing TWC Aviation, argued that SpiceJet owed over Rs 120 crore to the lessor. He contended that the airline should not continue to monetise the engines without settling part of its dues and urged the court to direct SpiceJet to make a partial payment before using the engines further.
In response, the court advised TWC Aviation to file a proper application for such an order. Meanwhile, the bench issued a contempt notice to SpiceJet, stipulating that the notice would be void if the engines were returned by the deadline. The case is now scheduled for a hearing on July 9.
