{"id":576539,"date":"2023-05-15T10:54:11","date_gmt":"2023-05-15T05:24:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=576539"},"modified":"2023-05-15T10:54:11","modified_gmt":"2023-05-15T05:24:11","slug":"plea-to-repossess-2-more-spicejet-planes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/plea-to-repossess-2-more-spicejet-planes\/","title":{"rendered":"Plea to repossess 2 more SpiceJet planes"},"content":{"rendered":"<p>NEW DELHI: SpiceJet CMD Ajay Singh&#8217;s assertion that the airline was not filing for insolvency does not seem to have comforted lessors, who asked the Directorate General of Civil Aviation (DGCA) on Friday to de-register two more aircraft with the carrier so that they could be repossessed.<\/p>\n<p>This week has seen requests for five SpiceJet aircraft to be repossessed under Irrevocable De-registration and Export Request Authorisations (IDERA). Lessors use this option in cases like default of lease rentals, and aviation regulators have to de-register the aircraft within five days of getting a request.<\/p>\n<p>Aircraft lessor Aircastle had filed a petition seeking insolvency resolution proceedings against SpiceJet on April 28.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: SpiceJet CMD Ajay Singh&#8217;s assertion that the airline was not filing for insolvency does not seem to have comforted lessors, who asked the Directorate General of Civil Aviation (DGCA) on Friday to de-register two more aircraft with the carrier so that they could be repossessed. This week has seen requests for five SpiceJet aircraft to be repossessed under Irrevocable De-registration and Export Request Authorisations (IDERA). Lessors use this option in cases like default of lease rentals, and aviation regulators have to de-register the aircraft within five days of getting a request. Aircraft lessor Aircastle had filed a petition [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,130,148],"tags":[],"class_list":["post-576539","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/576539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=576539"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/576539\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=576539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=576539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=576539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}