Export Request Authorisation News Today

Aviation watchdog DGCA has deregistered all the 54 planes leased by Go First, days after a court allowed lessors to take back their aircraft from the bankrupt airline. Bogged down by financial turbulence and engine woes, budget carrier Go First stopped flying in May last year and is undergoing an insolvency resolution process. Foreign lessors that have leased planes to the airline had moved the court to take back the aircraft.

  Arik Air Limited in Receivership (Arik) has debunked the allegations of misapplication of import duties and illicit sale of aircraft by the Nigerian Custom Service. SaharaReporters reported on October 3, that the Nigeria Customs Service said it commenced an investigation into the diversion of import duties to the tune of $40 million by the management of Arik Air in Receivership.

The beleaguered airline may just swing to a profit on lower fuel costs but has a long way to go

Experts believe there is a possibility of more lessors putting in requests for the deregistration of planes leased to some other airline, thinking that they get stuck in litigation.

Indian carriers are projected to require more than 2,200 aircraft in the next 20 years

Irrevocable Deregistration and Export Request Authorisation, or IDERA, empowers lessors to get their aircraft deregistered from the registry of the country where the lessee is based, repossess them, and fly them out, in cases like those of lease payment defaults.

The photo of the SpiceJet plane with the food and a beverage in the cockpit comes amid the deregistration of two Boeing 737-800 aircraft by the Directorate General of Civil Aviation.

After a SpiceJet landing at the Pakyong Airport in Sikkim and then taking off back to Delhi, services have now resumed after a long gap.

Directorate General of Civil Aviation has registered two SpiceJet Boeing aircraft leased to the airline, increasing the number of dregistered aircraft, according to PTIs report.

SpiceJet has already returned 12 old Boeing aircraft to lessors in the last calendar year, while the company has 13 Boeing 737 MAX aircraft in fleet and the new inductions would begin from October 2022.