The Directorate General of Civil Aviation (DGCA) has deregistered 54 planes leased by Go First. This comes days after a court allowed lessors to take back their aircraft from the bankrupt airline.
Foreign lessors who have leased planes to the airline had moved the court to take back the aircraft. The Delhi High Court on April 26, directed the aviation regulator to process the applications filed by the lessors for deregistration of 54 planes immediately. The High court further said that the process should be completed in not later than five working days.
As per PTI, a senior official at the regulator on Wednesday confirmed that all the 54 aircraft of the airline have been deregistered.
An A320 plane, having registration number VT-WJL, was deregistered on April 29. The request for deregistration under IDERA was received by the regulator way back on May 11, 2023. The lessor is based in Ireland, according to a deregistration notice.
Under the Cape Town Convention, a lessor can opt for the Irrevocable De-registration and Export Request Authorisation (IDERA). Generally, the option is exercised by lessors when there is a default by an airline with respect to a leased aircraft.
Go First that ceased operations about an year ago is now undergoing inslovency process. The airline stopped flying in May last year due to financial turbulence and engine woes.
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