Friday, April 09, 2021

Lessor orders India’s SpiceJet to ground three B737s

Dubai Aerospace Enterprise (DAE Capital) has served SpiceJet (SG, Delhi Int'l) with a notice immediately requiring three of its B737s to be grounded due to payments that have allegedly lapsed for five months, unnamed government sources told the Hindu Business Line newspaper on April 7.

DAE reportedly sent the grounding notice to the airline and India’s civil aviation authority, the Directorate General of Civil Aviation (DGCA), earlier this month.

Another anonymous source said that the lessor’s notice related to three B737-800s, VT-SYW (msn 36694), VT-SYX (msn 36695), and VT-SYY (msn 36698), aircraft that had previously been leased to defunct carrier Jet Airways (JAI, Mumbai Int'l).

According to the ch-aviation fleets advanced module, the three jets were leased to Jet Airways until the end of March 2019 and joined the SpiceJet fleet on May 22 (VT-SYW) and May 28 (VT-SYX, VT-SYY) of that year. SpiceJet currently operates forty aircraft of the type as part of its 102-strong fleet.

“A notice has been sent to both the DGCA and SpiceJet regarding the grounding. DAE has also written to SpiceJet seeking an Aerodrome Entry Permit for one of its representatives,” a source said.

One of the sources also claimed that other lessors were likely to send grounding notices to the airline in the days to come.

“SpiceJet kept telling the lessors that due to the Covid-19 pandemic, it wasn’t able to generate revenues. SpiceJet has defaulted on multiple payments for the past several months and continues to delay communications with the lessors,” the source alleged.

09/04/21 ch-aviation

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