ch-aviation
• Dirk Andrei Salcedo
India’s National Company Law Tribunal has dismissed Jet Airways liquidator Satish Kumar Gupta’s bid to recover about $92.1 million (₹500 crore) in aircraft advances and pre-delivery payments from Boeing. The tribunal held that the contract dispute requires a full trial, leaving the funds tied to undelivered aircraft unresolved.
Jet Airways
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India’s National Company Law Tribunal has dismissed Jet Airways liquidator Satish Kumar Gupta’s bid to recover about $92.1 million (₹500 crore) in aircraft advances and pre-delivery payments from Boeing. The tribunal held that the contract dispute requires a full trial, leaving the funds tied to undelivered aircraft unresolved.
India’s top court has upheld an earlier ruling in a dispute involving Jet Airways, leaving the underlying decision in place. The judgment adds a significant legal development to the airline’s ongoing restructuring and revival efforts, although the available reporting does not provide further details on the ruling’s terms.
Chile has frozen JetSMART’s bank accounts over unpaid fines, escalating a financial enforcement action against the airline. The measure introduces additional uncertainty around the carrier’s access to funds and its ability to manage local operations while the fines remain unresolved.
High activity
The FAA said it is inclined to support JetBlue’s acquisition of 22 former Spirit Airlines slots at New York-LaGuardia, finding the proposed sale in the public interest because it would preserve low-fare competition at the constrained airport. The decision remains tentative.
JetBlue Airways is seeking authorization for up to 30 gates at Fort Lauderdale International Airport, aiming to fill capacity left by Spirit Airlines following its collapse earlier in 2026. The request signals an expansion push at FLL as gate availability becomes a key competitive lever.
India’s defunct Jet Airways plans to auction its parked Boeing 737 aircraft, turning idle fleet assets into cash during the carrier’s wind-down. The move underscores how liquidation in distressed airline cases can accelerate secondary-market pricing and fleet reallocation for 737 operators and lessors.
Jet Airways' court-appointed liquidator has moved to auction additional Boeing 777 aircraft from the carrier's idle fleet, seeking to monetize assets to satisfy creditors. The move follows earlier disposals and will place more late‑model widebodies into the secondary market for sale to operators, lessors or investors.
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