New Delhi: Several of Jet Airways’ grounded Boeing 737s (not Max but previous generation) could soon be flying
for SpiceJet. Over 50 of the cash-strapped airline’s aircraft, a mix of turboprops, narrow and wide body, have been
grounded by unpaid lessors beginning last month.
Barring a handful, lessors have not deregistered these aircraft from Jet’s name, repossessed and flown them out of India.
“On Saturday, three companies that leased Boeing 737 NG (new generation, not Max) to Jet and grounded them for non-payment met SpiceJet chairman Ajay Singh. The aircraft are in India and in terms of processes it is easier to deregister them from Jet’s name and lease them to SpiceJet so that they can start flying the planes at the earliest,” said sources.
Globally 371 B737 Max aircraft were grounded last week following fears over its safety after two crashes within 5 months, one in Indonesia and other in Africa, that claimed 346 lives. SpiceJet, which has up to 205 of the planes on order, had to ground 12 B737 Max.
Apart from these, the future delivery schedule of the rest of the planes is also uncertain now, affecting the low cost carrier’s growth plans. This has led to a spurt in demand for B737 NGs.
17/03/19 Saurabh Sinha/Times of India
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Barring a handful, lessors have not deregistered these aircraft from Jet’s name, repossessed and flown them out of India.
“On Saturday, three companies that leased Boeing 737 NG (new generation, not Max) to Jet and grounded them for non-payment met SpiceJet chairman Ajay Singh. The aircraft are in India and in terms of processes it is easier to deregister them from Jet’s name and lease them to SpiceJet so that they can start flying the planes at the earliest,” said sources.
Globally 371 B737 Max aircraft were grounded last week following fears over its safety after two crashes within 5 months, one in Indonesia and other in Africa, that claimed 346 lives. SpiceJet, which has up to 205 of the planes on order, had to ground 12 B737 Max.
Apart from these, the future delivery schedule of the rest of the planes is also uncertain now, affecting the low cost carrier’s growth plans. This has led to a spurt in demand for B737 NGs.
17/03/19 Saurabh Sinha/Times of India
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