Thursday, June 13, 2019

DGCA de-registers 99 Jet Airways planes, including 4 B777s

Aviation regulator the Directorate General of Civil Aviation (DGCA) has de-registered 99 aircraft of Jet Airways so far, including 73 Boeing 737s and four Boeing B777s.

The DGCA has de-registered 73 aircraft of Boeing 737 family including the MAX type, 16 ATRs, four B777 and six A330s, the latest data shows.

Currently, there are no de-registration requests pending with the regulator.

For the latest two de-registered B777s, Bank of Scotland PLC was the mortagagee and JIHB DAC from Ireland was the owner.

The airline, which had a total fleet size of around 119 planes until a few months ago, owned 16 planes including 10 Boeing 777. The wide-bodied Boeing 777 planes, along with slots and international traffic rights, are a key asset for the airline which is desperately seeking investors after it was grounded for the lack of funds in April.

While there are takers for the un-registered B737s of Jet Airways in the domestic market like SpiceJet and Vistara, there are still no interested parties for the B777s.
13/06/19 Anu Sharma/CNBC TV18

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