Low-cost Indian airline SpiceJet has reported a number of technical issues, which caused a tumultuous period for the airlines. Since then, demands to deregister its aircraft have been made to the aviation authority Directorate General of Civil Aviation (DGCA). A new request to deregister two more B737 aircraft that were leased by the airline SpiceJet was recently received by the aviation watchdog.
Irish lessor Horizon Aviation has submitted the deregistration requests. This is the third time in recent weeks that the agency has received petitions to deregister aircraft that were leased to SpiceJet. In this instance, both of the aircraft are based in New Delhi, and the DGCA received the requests to deregister them on August 25.
Irrevocable Deregistration and Export Request Authorizations (IDERA) have been used to file deregistration requests for flights. According to sources, these requests are typically made when a lessor and airline are unable to negotiate a payment arrangement.
Budget airline SpiceJet had stated that it intended to gradually replace all of its older Boeing aircraft with the new Max type, adding roughly 20 new Max aircraft to its fleet by the end of the following calendar year.
The deregistration procedure is often permitted after the aviation regulator determines whether the aircraft has any unpaid taxes or airport fees. The Indian government has taken steps to improve the ecosystem for financing and leasing of aircraft.
