Lessors deregister Spicejet 737s over pay

Troubled Indian carrier SpiceJet has had six of its leased 737 aircraft deregistered for non-payment, news sources have reported.

Troubled Indian carrier SpiceJet has had six of its leased 737 aircraft deregistered for non-payment, news sources have reported.

The aircrafts’ two owners, AWAS Ireland and Wilmington Trust of Dublin, have allegedly asked India’s Directorate General for Civil Aviation to export the assets.

The airline has said it expects to resolve issues with the lessors and co-founder, Ajay Singh, who has returned to the company, has reportedly paid $10m of its leasing debts.

Last December, Singh rescued the struggling airline with a financial package but it is unclear whether this will be enough.

TAGS: Airlines Asia
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