The Delhi High Court granted SpiceJet "one last opportunity" to pay Rs 50 crore to its engine lessors, Team France and Sunbird France, or face grounding of two engines. Justice Pratibha Singh instructed SpiceJet's counsel to confirm by Friday a reasonable timeframe for payment and whether one grounded engine can be returned. SpiceJet owes $10.84 million, having paid over $5 million since December.
