Latest News for: Aircraft leasing

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Ex-operator accuses banks of running his multimillion-rand aircraft company to the ground

Independent online (SA) 01 Oct 2023
ETA operated 33 aircraft, which were made up of Beechcraft 1900D, 1900C, Embraer 120 and King Air Aircraft ... By that time ETA was banking and buying his aircraft through various banks ... After a period, I began keeping certain aircraft that I had purchased and refurbished, leasing them out to charter operators for contract work,” he said.
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Major Pakistani airline service hit as five aircraft with no engines grounded

Khaleejtimes 30 Sep 2023
According to the ARY News, a total total of 7 aircraft out of 12 are currently operational while another is lying dysfunctional in Jeddah ... Earlier, the PIA grounded five out of its 13 leased aircraft with further prospect of grounding four additional planes due to the pending dues.
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Air India Express expands fleet with two new Boeing 737 MAX-8! All about the order entailing 470 aircrafts

Financial Express 30 Sep 2023
These deliveries are a segment of the 470 aircraft order recently placed by the Air India Group with both Boeing and Airbus ... The acquisition of the first A350-900 aircraft was completed through a finance lease transaction with HSBC, conducted via the GIFT City, India’s inaugural International Financial Services Centre (IFSC).
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SC allows SpiceJet to seek modification in Bombay HC order on re-hiring employees

Hindustan Times 30 Sep 2023
Before the COVID-19 pandemic, SpiceJet operated 522 flights daily and post-pandemic, it halved to 245 in 2021, further falling to 242 last year (Representative Photo) ... We're now on WhatsApp. Click to join ... The chart showed that the total number of aircraft was reduced from 46 to 32 of which three were on lease ... ....
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Air India acquires its first Airbus A350-900 via finance lease through GIFT IFSC

Financial Express 29 Sep 2023
The steps taken by Air India by establishing a finance company for the purpose of aircraft leasing and financing at IFSC will go a long way in developing IFSC as a preferred destination for aircraft leasing and financing in India as well as globally,\u201d IFSCA Executive Director Dipesh Shah said.
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Air India financially leases first A350 through IFSC Gift City

Business Line 29 Sep 2023
... leasing and financing. The steps taken by Air India by establishing a finance company for the purpose of aircraft leasing and financing at IFSC will go a long way in developing IFSC as a preferred destination for aircraft leasing and financing in India as well as globally.” ....
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Air India acquires India's first Airbus A350-900 aircraft through GIFT City

Hindustan Times 29 Sep 2023
"The steps taken by Air India by establishing a finance company for the purpose of aircraft leasing and financing at IFSC will go long way in developing IFSC as a preferred destination for aircraft leasing and financing in India as well as globally," Shah added.
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Air India acquires first Airbus A350-900 through finance lease

Suryaa 29 Sep 2023
The steps taken by Air India by establishing a finance company for the purpose of aircraft leasing and financing at IFSC will go long way in developing IFSC as a preferred destination for aircraft leasing and financing in India as well as globally," mentioned Dipesh Shah, Executive Director, IFSCA.
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Air India completes acquisition of its first A350 aircraft through GIFT City

Indian Express 29 Sep 2023
'The steps taken by Air India by establishing a finance company for the purpose of aircraft leasing and financing at IFSC will go a long way in developing IFSC as a preferred destination for aircraft leasing and financing in India as well as globally,' he added.
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Air India creates history! Completes acquisition of India’s first A350-900 aircraft, Vistara and AIX Connect join forces

Financial Express 29 Sep 2023
Air India’s Chief Commercial & Transformation Officer, Nipun Aggarwal, said that this landmark transaction marks the beginning of their aircraft leasing business from GIFT IFSC, as AIFS will be the primary Air India Group entity for wide-body aircraft financing.
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Historic! Air India acquires first A350-900 aircraft through finance lease transaction

India TV 29 Sep 2023
This is also the first wide-body aircraft to be leased through the GIFT City, ...
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Cranfield Aerospace Solutions and MONTE Aircraft Leasing secure deal (ADS Group Ltd)

Public Technologies 29 Sep 2023
) Cranfield Aerospace Solutions (CAeS), innovators in hydrogen-electric fuel cell propulsion technology, today announced a three-party agreement with MONTE Aircraft Leasing (MONTE) and Australian air charter company Torres Strait Air to convert up to ten Britten-Norman Islander aircraft to hydrogen-electric power.
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Air India leases its first A350 aircraft via GIFT city

Live Mint 29 Sep 2023
Air India on Friday said it has acquired ...
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Experts Identify Factors Retarding Growth of Aviation Industry, Proffer Solutions  

This Day 29 Sep 2023
He said aviation fuel which was N220 per litre in early 2022 raced close to N1000 mark, adding that there is scarcity and high cost of forex and exchange rate volatility, high cost of aircraft leasing, maintenance, insurance and observed that Nigeria tops list of Africa’s airlines trapped funds.
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