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Willis Lease Finance not an operational creditor, SpiceJet tells NCLT
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₹89.3 crore as on 4 November 2022, together with interest calculated until 30 September 2022. Willis Lease Finance Corp.
is the third lessor to approach the NCLT seeking recovery of outstanding dues from SpiceJet. Similar pleas filed by Wilmington and Aircastle are pending in the tribunal and are set to be heard on 8 August and 17 August.
Among the three petitions, only the one filed by Aircastle has received a notice from the tribunal. Aircastle (Ireland) and Wilmington had managed to deregister two aircraft from the Directorate General of Civil Aviation (DGCA) in March, leveraging the provisions of Irrevocable De-registration and Export Request Authorisations.
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