Lessor pushes to repossess SpiceJet aircraft as payment negotiations fail
Lessors have approached the aviation regulator DGCA to deregister aircraft of low-cost airline SpiceJet.
The deregistration request filed by leasing firm Dubai Aerospace Enterprise (DAE) against three Boeing 737 aircraft was made after the airline failed to pay lease rentals, documents reviewed by Business Standard showed.
The aircraft – VT-SYW, VT-SYX and VT-SYY were former Jet Airways aircraft which SpiceJet had taken in 2019 after Jet’s closure.
The deregistration request has been filed under Irrevocable Deregistration and Export Request Authorisations, or IDERA and is usually filed when payment negotiations between a lessor and airline fail.
