Lessor pushes to repossess SpiceJet aircraft as payment negotiations fail

Aircraft lessor DAE has approached aviation regulator DGCA to deregister three SpiceJet 737 planes

Lessors have approached the aviation regulator DGCA to deregister aircraft of low-cost airline SpiceJet.

The deregistration request filed by leasing firm Dubai Aerospace Enterprise (DAE) against three Boeing 737 aircraft was made after the airline failed to pay lease rentals, documents reviewed by Business Standard showed.

The aircraft - VT-SYW, VT-SYX and VT-SYY were former