Avolon seeks to de-register two planes leased to Jet Airways
Singapore: Avolon, one of the world’s biggest aircraft lessors, applied to de-register two planes it had placed with Jet Airways Ltd, making it the first lessor to do so on a non-consensual basis with the struggling Indian airline.
Two subsidiaries of Dublin-based Avolon applied to India’s Directorate General of Civil Aviation (DGCA) to de-register two Boeing 737-800s, according to notices published on the regulator’s website.
Avolon has terminated the leases on the planes and currently has five more aircraft placed with Jet, said sources who declined to be identified due to the sensitivity of the matter.
