Aircraft Demand: Airline Distress & Consolidation   Aircraft Finance & Leasing   Aviation Safety & Regulation   Policy & Regulation   Airlines   Boeing   Boeing 737  
Reuters • Abhijith 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.

2026-07-13T23:25:29.400132-07:00
PaxEx   Airline Industry & Market Trends   Asia-Pacific (APAC)   Airlines  
Bloomberg • Baiju 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.

Also: Economic Times
2026-07-13T19:15:38.959138-07:00