ReutersAbhijith Ganapavaram

SpiceJet facing DGCA deregistration of four Boeing 737 MAXs as lessors seek repossession over unpaid rentals

SpiceJet’s lessors have asked India’s DGCA to deregister four Boeing 737-8 MAX aircraft, citing prolonged grounding tied to engine issues and the airline’s failure to pay lease rentals. Repossession would remove lease rental obligations tied to the non-operational assets, with SpiceJet operating a reduced fleet of 11 aircraft.

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