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.

2026-07-13T23:25:29.400132-07:00
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