Overview
- London’s Commercial Court granted summary judgment in favor of Sunbird France 02 SAS after SpiceJet failed to file a defense.
- The case covers unpaid rent from January 2022 and maintenance charges dating to November 2020, with default notices issued in July 2022.
- Sunbird repossessed all three leased engines between late 2022 and mid-2023 after the payment defaults.
- SpiceJet shares fell more than 2% in early trading after news of the $8 million order.
- Auditors have warned of going‑concern risk, and news reports describe workforce cuts and delayed salaries that could affect hundreds of employees.