 "SpiceJet")
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
