NEW DELHI: Financially strained airlines that have either got grounded or are struggling to survive to account for 212z or more than half, of the 412 aircraft de-registration requests received from foreign lessors in the last five years. While requests for 54 GoFirst planes are stuck under the protection provided by India’s insolvency law, 358 aircraft were de-registered in the last five years.
Of these 358, 103 were with erstwhile Jet Airways which stopped flying in 2019 and 55 with SpiceJet which has seen its operations sharply fall due to paucity of funds. The remaining are 123 of IndiGo and 26 of Air India. IndiGo has since inception kept a fleet of young and fuel-efficient planes
