Doric Nimrod Air Two Limited, an investment company based in Guernsey, has reached an agreement with Emirates to sell the remaining five Airbus A380-861 aircraft it owns. The sale, which is expected to conclude between October 1, 2024, and November 30, 2024, will see the aircraft sold for £30.71 million each, totaling £153.53 million for […]
SpiceJet, a major player in the aviation industry, and Celestial Aviation, a subsidiary of AerCap, one of the world’s largest aircraft lessor groups, have announced a mutual agreement to settle their dispute involving $29.9 million (approximately INR 250 Crore) through amicable negotiations, effectively avoiding the route of litigation. This resolution was communicated to the bench […]
