Latest News for: Aircraft leasing

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‘Aircraft leasing companies setting base in Ahmedabad Gift City; SpiceJet & Alliance Air to lease from there’

The Times of India 26 Feb 2021
A number of , including international ones, are soon going to start aircraft leasing in Ahmedabad’s GIFT city. This is thanks to Union finance minister in this Budget proposing tax holiday on capital gains and tax exemption for aircraft lease rentals paid to for those doing so in Gift City.
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Leverage growing air traffic for robust aircraft leasing industry: Puri

The Siasat Daily 26 Feb 2021
Civil Aviation Minister Hardeep Singh Puri on Friday said that India must leverage its growing air traffic to establish a robust aircraft leasing industry, which would finance new aircraft deliveries through its own policies and products. Addressing the ‘India Aircraft ...
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SpiceJet, HAL among six companies toset up aircraft leasing units in GIFT City

Business Line 26 Feb 2021
At least two global aircraft financing and leasing companies, and two domestic aviation companies will soon set up office at the International Financial Services Centre (IFSC) in Gujarat’s GIFT City, according to Civil Aviation Secretary Pradeep Singh Kharola.
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SpiceJet, HAL among six companies to set up aircraft leasing units in GIFT City

Moneycontrol 26 Feb 2021
This follows the government announcing tax breaks for leasing companies in the Union Budget .
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Fly Leasing Reports Fourth Quarter and Full Year 2020 Financial Results

Finger Lakes Times 26 Feb 2021
FLY) ("FLY"), a global leader in aircraft leasing, today announced its financial results for the fourth quarter and full year of 2020 ... FLY is a global aircraft leasing company with a fleet of modern and fuel efficient commercial jet aircraft. FLY leases its aircraft under multi-year lease contracts to a diverse group of airlines throughout the world.
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Domestic air traffic may be back to full pre-COVID-19 level by summer: Puri

Yahoo Daily News 26 Feb 2021
Speaking at the 'India Aircraft Leasing Summit' at New Delhi's Vigyan Bhawan, Puri also said the government is not averse to tweaking the system to make India a centre for aircraft leasing for both domestic and international markets ... The aircraft leasing business in India also caters to the international market, he added.
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2 foreign and 2 Indian cos to set up aircraft leasing arm at Gift City: Aviation secy

Live Mint 26 Feb 2021
Two global aircraft financing and leasing companies, and two domestic aviation-related firms will be setting up aircraft leasing arms at the International Financial Services Centre (IFSC) in Gujarat’s GIFT City, civil aviation secretary Pradeep Singh Kharola said on Friday.
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SpiceJet eyes seaplane route to U’khand

The Times of India 26 Feb 2021
Singh added that attempts were being made to ensure that the seaplanes are leased from an Indian company based in Ahmedabad’s Gift City ... The Directorate General of Civil Aviation removed the requirement of giving type acceptance of aircraft for short-term wet leasing (hiring with operating crew) of aircraft.
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GOL 737’s Tail Damaged By Stairs Collision In S�o Paulo

Simple Flying 26 Feb 2021
On Wednesday, February 24th, a GOL Boeing 737-800 at Sao Paulo’s Guarulhos airport had to undergo some repairs to its bottom-rear fuselage after a rolling set of stairs hit the aircraft ... However, data from Planespotters.net indicates that the aircraft was leased out to Brazilian budget airline Webjet in 2012, from May to November.
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Norwegian Air posts $1.5 billion impairment loss amid restructuring

RTE 26 Feb 2021
Norwegian Air has booked an impairment loss of 12.8 billion Norwegian crowns ($1.50 billion) in the fourth quarter related to owned and leased aircraft as well as pre-delivery payments on terminated aircraft orders.  ... the process with fewer aircraft and less debt. .
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SpiceJet eyes seaplane flight from Delhi Yamuna to Naini Lake & Tehri Dam

The Times of India 26 Feb 2021
NEW DELHI ... “It is technically feasible to do these routes using seaplanes ... Singh added that attempts are being to ensure that the seaplanes are leased from an Indian company based in Ahmedabad's Gift City ... The () removed the requirement of giving type acceptance of aircraft for short term wet leasing (hiring with operating crew) of aircraft ... .
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Icelandair’s Antarctic Boeing 767 Flight Continues From Cape Town

Simple Flying 26 Feb 2021
However, to summarize what we’ve already reported, the aircraft is heading to the Troll Research Station in Antarctica with Norwegian researchers, as well as a crew of 20, consisting of six pilots, 13 flight attendants, and one mechanic ... This aircraft is 20.5 years old and has flown with Icelandair since 2015.
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