ReutersAbhijith Ganapavaram

SpiceJet lessors seek DGCA deregistration of four Boeing 737-8 MAX aircraft

Two Irish lessor entities tied to ICBC’s leasing arm have asked India’s DGCA to deregister four Boeing 737-8 MAX aircraft leased to SpiceJet. The carriers have been grounded for a prolonged period due to engine issues, and the request is aimed at enabling repossession and eliminating ongoing lease rental costs amid unpaid payments.

BloombergBaiju Kalesh, Mihir Mishra, Saikat Das

India’s Youngest Airline Seeks Funds as Iran War Drives Up Costs

By Bloomberg: Akasa Air is looking to raise 10.5 billion rupees ($110 million) through equity and debt, people familiar with the matter said, as India’s youngest airline seeks funds to overcome challenges brought on by the Iran war.

2026-07-13T19:15:38.959138-07:00
Airline GeeksZach Vasile

Apollo Outbids Castlelake in EasyJet Takeover Fight

By Airline Geeks: EasyJet said Friday that it has reached an "agreement in principle" for a potential acquisition by U.S. investment firm Apollo.

2026-07-13T07:44:25.244311-07:00
ReutersTim Hepher

Riyadh Air studies orders for 25-30 Boeing 787s and more Airbus, sources say

By Reuters: Saudi ​startup Riyadh Air is studying the ‌purchase of between 25 and 30 more Boeing 787 Dreamliners by exercising most of ​its contractual options with the U.S.

2026-07-13T11:29:27.677622-07:00