DGCA de-registers 2 aircraft repossessed by SpiceJet - India's Top Travel News Source: TravelBiz Monitor
TRENDING NEWS
  • China, Kazakhstan to enhance tourism cooperation
  • Eiffel Tour sees record 7mn arrivals
  • Italy expects 6.5mn German tourists in 2024
  • Entry fee levy for Mount Fuji hikers
  • Tourism in Vietnam fuels economic growth

DGCA de-registers 2 aircraft repossessed by SpiceJet

Aircraft lessor, Aircastle, has filed a request with India’s Directorate General of Civil Aviation (DGCA) to deregister two B737-800s leased to SpiceJet (SG, Delhi International). A spokesperson for the low-cost carrier told local media the move would not impact its operations, reports ch-Aviation.

The Irish wing of the Connecticut-headquartered lessor lodged the request to delist VT-SYA (msn 34799) on March 9, while Wilmington Trust SP Services (Dublin), a Wilmington Trust Corporation affiliate acting as trustee for the lessor, asked to delist VT-SZK (msn 41398) on March 6, according to the notifications.

Aircastle is the latest lessor to lodge an Irrevocable Deregistration and Export Request Authorisation (IDERA) with the civil aviation regulator seeking to remove B737s from SpiceJet’s fleet, following a spate of them last summer from Horizon Aviation, DAE Capital subsidiary AWAS, and Alterna Capital Partners.

An IDERA can be filed when talks over outstanding debts break down between an airline and a lessor. The process of deregistration is generally allowed after the aviation regulator checks whether the aircraft has any pending dues from tax authorities or airports. (Source: ch-Aviation)

Read Previous

Akasa Air to connect Bhubaneshwar to Pune & Bengaluru from April 17

Read Next

Amadeus Travel4Impact Network expands across EMEA; launches in APAC

Download Magazine