Spicejet Lessors Seek Deregistration Of Four Aircraft: Report

Lessors of low-cost carrier SpiceJet Ltd on May 9 filed requests to the aviation regulator seeking deregistration of at least four aircraft, according to the Directorate General of Civil Aviation (DGCA).

According to a report published in Business Today, SpiceJet put out a clarification saying, "Two of the three planes are grounded for a long period now and the same doesn't affect our operations. We hold a very good relationship with the lessor and are in discussion to resolve the matter. We have been working to bring back our grounded fleet basis the loan sanctioned under the ECLGS scheme."

It is worth noting that all the three planes belong to one lessor which is SMBC. The aircraft are held under different portfolios but belong to one lessor that is SMBC, added the Business Today report.

Earlier, National Company Law Tribunal on Monday issued a notice to SpiceJet on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings against the budget carrier and the next hearing is scheduled for May 17, as per a PTI report.

The petition was filed by Aircastle (Ireland) Ltd.

A two-member Principal bench of the NCLT headed by President Ramalingam Sudhakar issued the notice to SpiceJet and directed to list the matter on May 17 for the next hearing, added the PTI report.