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Lessors aim to reclaim SpiceJet aircraft due to increasing unpaid rentals
Aircraft lessors are repossessing planes from SpiceJet after the airline failed to pay lease rentals. The finance leasing arm of Industrial and Commercial Bank of China requested the DGCA to take back four Boeing 737 Max aircraft. Nearly eighty percent of SpiceJet's fleet is currently grounded amid continued financial woes and employee salary issues. The airline has run out of cash despite raising funds, which were used for statutory dues.
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economictimes.indiatimes.com
SpiceJet lessors seek to take back 4 planes; airline says deregistration will save costs
Lessors have asked DGCA to deregister four SpiceJet Boeing 737-8 MAX aircraft. These planes have remained non-operational for a prolonged period due to engine issues.…
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Lessors aim to reclaim SpiceJet aircraft due to increasing unpaid rentals
Aircraft lessors are repossessing planes from SpiceJet after the airline failed to pay lease rentals. The finance leasing arm of Industrial and Commercial Bank of China requested…
