Chinese lessor moves to repossess four Boeing 737-8s from India’s SpiceJet after lease default
China’s largest bank has asked India’s DGCA to deregister four Boeing 737 MAX 8 (737-8) aircraft leased to SpiceJet, initiating the legal process to return the jets. Multiple leasing entities are seeking repossession after SpiceJet failed to meet lease payment obligations, despite the airline operating with just 11 aircraft.