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Canadian plane maker De Havilland wins $43 mn claim against SpiceJet

SpiceJet says it will appeal against the order

SpiceJet
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Under the Indian law a separate application has to be filed in a court for execution of judgment in a civil or commercial suit

Aneesh Phadnis Mumbai
A UK high court has ruled in favour of Canadian aircraft manufacturer De Havilland in a contractual dispute with SpiceJet, saying that it is entitled to recover $42.9 million in liquidated damages from the airline.

The court gave this ruling after De Havilland sued SpiceJet for its failure to make pre-delivery payments for 14 Q-400 aircraft on order.

The aircraft manufacturer had served notice for termination of the purchase agreement and claimed $ 42.9 million in liquidated damages.

In a recent judgment, the High Court of Justice in the UK upheld the aircraft manufacturer’s claim that SpiceJet did not abide
Topics : SpiceJet

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