CDB Aviation moves to take back A330s from Jet Airways

CDB Aviation has filed applications to deregister 2 Airbus A330-300s operated by Jet Airways, while Castlelake and Orix Aviation have also filed similar motions to take back Boeing 737-800s. Records from India’s DGCA show that the A330s are usually stationed in Mumbai. They are powered by General Electric CF6 engines. They are the first widebody aircraft that a lessor has applied to have deregistered, with most filings to date seeking deregistration of 737s and ATR 72s. The DGCA has 5 working days to deregister an aircraft after receiving the request. After that is completed, the owners then have to gain clearances from airports and govt agencies if they choose to export the aircraft from India, which in some cases may take weeks. <br/>