![NCLT to hear insolvency plea against SpiceJet on June 1](https://images.assettype.com/fortuneindia%2F2023-05%2Fabcdbed0-96ee-4d21-a961-193df8de4be1%2FSpicejet_Airline_07527_copy.jpg?w=300&q=95)
NCLT to hear insolvency plea against SpiceJet on June 1
The matter pertains to non-payment of dues by SpiceJet to its lessor Aircastle Ireland.
The matter pertains to non-payment of dues by SpiceJet to its lessor Aircastle Ireland.
SpiceJet has initiated the process of reviving its grounded fleet with the $50 million funds received from ECLGS and internal cash accruals.