The DGCA receives delisting requests from 3 Spicejet aircraft

New Delhi, July 30 (IANS): The Director General of Civil Aviation (DGCA), aviation regulator, has received requests from the lessor for the delisting of three planes from the low-cost carrier SpiceJet.

Leasing company Awas Ireland Limited filed the claims against three Boeing 737s on July 29.

The planes – VT-SYW, VT-SYX and VT-SYY, are stationed in Varanasi and Amritsar.

Requests to delist flights have been filed under Irrevocable Delisting and Export Authorizations (IDERA) and sources said they are usually filed if a lessor and airline fail to reach a payment negotiation.

The de-registration process is usually allowed after the aviation regulator has verified whether the aircraft has pending assessments from tax authorities and airports.

The government has taken steps to strengthen the aircraft leasing and financing ecosystem in India. Under the International Financial Services Centers Authority Act 2019, the International Financial Services Centers Authority (IFSCA) was established in April 2020.

Earlier on July 27, the DGCA ordered the airline SpiceJet to operate only 50% of its flights for eight weeks.

“In view of the results of various spot checks, inspections and the response to the show cause notice submitted by SpiceJet, for the continued maintenance of a safe and reliable air transport service, the number of departures from SpiceJet is limited to 50 % of the number of departures approved under the 2022 summer timetable for a period of eight weeks”, specifies the DGCA in a decree.

During these eight weeks, the airline would be subject to “enhanced surveillance”, said the DGAC.

The financial assessment carried out by the DGCA in September 2021 revealed that SpiceJet operates on a cash and take-out basis, and that suppliers are not paid regularly, leading to a shortage of spare parts, the aviation regulator said .

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