DGCA de-registers 3 SpiceJet aircraft within 5 days of request from lessor; another may be de-registered on Friday

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NEW DELHI: The Directorate General of Civil Aviation (DGCA) on Thursday canceled the registration of three leased Boeing 737s SpiceJet at the request of the lessor given under the Irrevocable Export Request and Registration Authorization (IDERA).
According to sources, another SpiceJet B737 is likely to be deregistered on Friday. The three unregistered planes have been located in Hyderabad and the Ireland-based lessor is now owned by a Gulf company that will fly them from there, they added.
The regulator decided on the lessor within a five-day period as required by IDERA, which is part of the Cape Town Convention and which requires the owner of an aircraft to be deregistered in the same name by a third party. in three cases such as rental default.
“The DGCA has to check with the various authorities if there are any taxes or fees imposed on the aircraft within the given time frame. The idea is to ensure aircraft lessors do not face problems in recalling planes due to default (on-lease) airlines/airlines that no longer exist,” the official said. To date, DGCA has received requests to deregister four SpiceJet B737s carrying cash from lessors.
Struggling SpiceJet, which is in talks to sell shares to raise funds, said the return of the three B737s was part of a plan to “modernize the fleet” and would not affect firm’s activities.
“SpiceJet returned 12 old Boeings to lessors in the last calendar year. We have 13 MAX aircraft in our fleet and new auctions will begin October 2022,” an airline spokesperson said recently.
Regarding another Irish lessor’s request to deregister the fourth aircraft, a spokesperson for the airline said: “This aircraft is part of an early termination agreement made with the lessor. leased in November 2021. The lessor did not provide documentation in the desired manner to SpiceJet to facilitate the de-registration of the aircraft and opted instead to self-deregister. This aircraft has been removed from our fleet for more than eight months and has not impacted our operations or schedules in any way. ”



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