Jet Airways' liquidator is chasing Boeing for $92.13M in advance payments on aircraft never delivered. NCLAT issued notice to Boeing and gave it two weeks to respond, after NCLT dismissed the refund c

What happened: Jet Airways' liquidator asked the NCLAT to recover about $92.13 million from Boeing for aircraft paid for but never delivered. The tribunal issued notice to Boeing and set a hearing for the first week of December. Key numbers: $92.13 million (about ₹872 crore) sought; total aircraft order value about ₹3,005 crore; Boeing claim of Why it matters: The NCLT held the dispute was contractual and could not be decided in insolvency proceedings. Boeing says the advances were already adjusted against Jet Airways' dues, and its admitted claim rose to ₹873.79 crore in liquidation.

Jet Airways' liquidator asked the NCLAT to recover about $92.13 million from Boeing for aircraft paid for but never delivered. The tribunal issued notice to Boeing and set a hearing for the first week of December.

The NCLT held the dispute was contractual and could not be decided in insolvency proceedings. Boeing says the advances were already adjusted against Jet Airways' dues, and its admitted claim rose to ₹873.79 crore in liquidation.