De Havilland entitled to terminate SpiceJet Dash 8 order: UK judge
Turboprop manufacturer De Havilland Aircraft of Canada was entitled to terminate a Dash 8-400 purchase agreement with Indian carrier SpiceJet after the airline stopped making payments and taking delivery of aircraft, a judge has ruled. SpiceJet originally ordered 25 of the type from Bombardier – part of a September 2017 agreement for up to 50, the largest single deal for the aircraft type – before the airframer sold the programme to Longview Aviation Capital, which placed it under the De Havilland brand. De Havilland has pursued a $42.95m claim against SpiceJet after the airline took, and paid for, the first five aircraft but failed to take delivery of the next three or make pre-delivery payments on either these or 12 subsequent ones. The airframer served notice terminating the deliveries of all outstanding aircraft and cancelling the purchase agreement.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-03-08/unaligned/de-havilland-entitled-to-terminate-spicejet-dash-8-order-uk-judge
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De Havilland entitled to terminate SpiceJet Dash 8 order: UK judge
Turboprop manufacturer De Havilland Aircraft of Canada was entitled to terminate a Dash 8-400 purchase agreement with Indian carrier SpiceJet after the airline stopped making payments and taking delivery of aircraft, a judge has ruled. SpiceJet originally ordered 25 of the type from Bombardier – part of a September 2017 agreement for up to 50, the largest single deal for the aircraft type – before the airframer sold the programme to Longview Aviation Capital, which placed it under the De Havilland brand. De Havilland has pursued a $42.95m claim against SpiceJet after the airline took, and paid for, the first five aircraft but failed to take delivery of the next three or make pre-delivery payments on either these or 12 subsequent ones. The airframer served notice terminating the deliveries of all outstanding aircraft and cancelling the purchase agreement.<br/>