China's ICBC has requested India's aviation regulator to deregister four leased Boeing 737 MAX jets from SpiceJet, signaling steps toward reclaiming the aircraft.

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.…

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…