China's ICBC seeks return of four 737 MAX jets leased to SpiceJet, documents show
BA•Fleet and share performance
Just 11 of SpiceJet's fleet of 53 aircraft were listed as in service by aircraft-tracking website Planespotters.net.
Shares in SpiceJet have fallen nearly 63% since the start of the year, while shares in InterGlobe Aviation, the owner of India's biggest airline, IndiGo, are up nearly 1% over the same period.
SpiceJet says grounded aircraft had engine issues
SpiceJet, India's fourth-largest airline, has slashed its flight schedule, grounded planes, delayed salaries to many of its pilots and sought financing under a government-backed credit scheme to help stabilise its operations.
The airline has received 1.5 billion rupees ($15.60 million) from the government scheme and hopes to receive another 3.5 billion rupees in the coming days, a source with direct knowledge of the matter said. SpiceJet did not respond to a request for comment about the funding.
At least two aircraft lessors have served payment default notices to the airline this year, Reuters also reported.
