SpiceJet Lessors Seek to Take Back 4 Planes; Airline Says Deregistration Will Save Costs
The lessors want to repossess the grounded jets and end lease costs after the aircraft sat idle because of engine issues.
- On July 9, 2026, Industrial and Commercial Bank of China filed deregistration requests with India's Directorate General of Civil Aviation to remove four Boeing 737 MAX 8 jets leased to SpiceJet from the civil aircraft register.
- Lessors SKY HIGH LXXVIII and SKY HIGH LXXX Both, owned by ICBC, submitted the request after SpiceJet confirmed the four aircraft remained grounded due to high-pressure turbine engine issues.
- Registered as VT-MXA, VT-MXB, VT-MXC, and VT-MAX, the jets are all just under eight years old and have remained in storage since 2024 or 2025.
- A SpiceJet spokesperson stated the request causes no operational impact, as the aircraft have been out of service for considerable time; deregistration will eliminate lease rental costs on these non-operational assets.
- Executives have mandated a calibrated ramp-up of fleet size to 55-60 aircraft effective in the winter schedule, utilizing wet and damp leases alongside the return to service of existing grounded aircraft.
12 Articles
12 Articles
ICBC turns to DGCA to deregister 737 MAXs leased to SpiceJet
Industrial and Commercial Bank of China (ICBC) has turned to India’s Directorate General of Civil Aviation (DGCA) to deregister four Boeing 737 MAX 8 jets leased to SpiceJet. Dated on July 9, 2026, the four IDERA (Irrevocable De-Registration and Export Request Authorization) Deregistration Request documents were submitted by SKY HIGH LXXVIII and SKY HIGH LXXX Both lessors, owned by Industrial and Commercial Bank of China, are based in Dubin, Rep…
Why four SpiceJet Boeing 737-8 MAX jets are getting deregistered
The DGCA has issued notices to deregister four SpiceJet Boeing 737 MAX aircraft after their lessors invoked the IDERA framework. SpiceJet says the grounded planes will be removed from the fleet register to reduce lease rental costs without impacting operations.
Chinese lessor moves DGCA to deregister, repossess four SpiceJet aircraft
SpiceJet is facing action from lessors seeking to deregister four grounded Boeing 737 MAX aircraft. The airline maintains that its operations will not be affected, but legal experts caution that deregistration could impact the airline's fleet and operational capacity.
The Economic Times
Times of IndiaSpiceJet lessors seek to take back 4 planes; airline says deregistration will save costs
Lessors have asked DGCA to deregister four SpiceJet Boeing 737-8 MAX aircraft. These planes have remained non-operational for a prolonged period due to engine issues. Deregistration will eliminate lease rental costs for the grounded assets. SpiceJet stated there is no impact on current airline operations. The airline continues discussions with lessors and manufacturers for aircraft return.
Another Blow To SpiceJet As Irish Lessors Demand 4 Boeing 737-MAX Aircraft Back
Dublin-based aircraft lessors have asked DGCA to de-register and repossess four Boeing 737 MAX 8 aircraft leased to SpiceJet. The requests under IDERA involve planes grounded in Hyderabad, Delhi and Amritsar. SpiceJet said the aircraft were already out of service due to engine issues and their removal would not affect operations, as discussions with lessors continue.
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