ICBC leasing arm seeks DGCA deregistration of four Boeing 737 MAX 8s tied to SpiceJet amid unpaid rentals
Industrial and Commercial Bank of China’s leasing arm has asked India’s DGCA to deregister four Boeing 737-8 (737 MAX 8) aircraft leased to SpiceJet. The move follows the airline’s failure to meet lease payment obligations as lessors initiate repossession efforts.