Policy & Regulation News

ReutersAbhijith Ganapavaram

ICBC leasing arm asks India’s DGCA to deregister four Boeing 737 MAX 8 jets leased to SpiceJet as repossession begins

China’s largest bank’s aircraft leasing unit has requested India’s Directorate General of Civil Aviation to deregister four Boeing 737 MAX 8 aircraft leased to SpiceJet. The action follows missed lease payments and begins the formal repossession process, with the airline set to lose four jets while operating with about 11 aircraft.

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

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