SpiceJet questions maintainability of Wilmington’s insolvency plea

SpiceJet has disputed the merit of an application by Wilmington Trust SP Services to start insolvency proceedings against SpiceJet. Wilmington cited unpaid rental fees allegedly owed by the airline to Aircastle (Ireland). However, SpiceJet denied the debt claim and said it was not an operational creditor to Wilmington, but rather to Aircastle.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.