Latest News for: Aircraft leasing

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Air India privatisation saga: 'Time we stopped paying Rs 20 cr/day of taxpayers money to ...

Deccan Herald 17 Oct 2021
Of the 141 Air India aircraft that Tatas would get, 42 are leased planes while the remaining 99 are owned. Tata will also take over the capitalised lease liability on account of operating leases of Rs 9,185 crore ... aircraft, refurbish and give new orders for obsolete aircraft.
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₹20 crore per day: The amount govt pays to keep Air India flying

Live Mint 17 Oct 2021
Of the 141 Air India aircraft that Tatas would get, 42 are leased planes while the remaining 99 are owned. Tata will also take over the capitalised lease liability on account of operating leases of ₹9,185 crore ... improve aircraft, refurbish and give new orders for obsolete aircraft.
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What Happened To Kenya Airways’ Boeing 777s?

Simple Flying 16 Oct 2021
Three aircraft passed to leasing company Cargo Aircraft Management and are leased to charter operator Omni Air International (two currently serve with the US Air Force) ... The three aircraft were all leased by Kenya Airways – two from GECAS and one from CDB Leasing.
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TUI Boeing 737 MAX Delivery Flight Returns To Seattle

Simple Flying 16 Oct 2021
On October 14th, a new Boeing 737 MAX 8 aircraft was getting ready to head to Brussels to join TUI fly Belgium on lease from Aviation Capital Group (ACG) ... The leasing powerhouse highlighted that TUI will benefit from the efficient CFM International’s LEAP-1B engines as part of a multi-aircraft transaction between the company and the carrier.
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SMBC to lease 20 Airbus jets to US carrier Sprint

The Irish Times 15 Oct 2021
Aircraft lessor SMBC Aviation Capital will lease 20 Airbus jets to US-based low-cost carrier Spirit Airlines, the Irish company confirmed on Friday ... Sale-and-leaseback deals are common in aircraft leasing as they allow airlines to free up cash that can be used for further expansion or other purposes.
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SMBC will lease 20 Airbus jets to US carrier Sprint

The Irish Times 15 Oct 2021
Aircraft lessor SMBC Aviation Capital will lease 20 Airbus jets to US-based low-cost carrier, Spirit Airlines, the Irish company confirmed on Friday ... Sale-and-leaseback deals are common in aircraft leasing as they allow airlines to free up cash that can be used for further expansion or other purposes.
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Jetcraft Commercial expands in Asia

Egypt Commercial News 15 Oct 2021
Jetcraft Commercial launched in 2015, capitalizing on Jetcraft’s existing international presence and experience to offer clients an agile partner within the commercial aircraft sales and leasing community.
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TruJet Reportedly Has A New Owner

Simple Flying 15 Oct 2021
Quoting an email that Umesh sent to his employees, the report highlighted that Irish aircraft lessor Elix Aviation Capital is keen to become an equity partner and also lease 10 airplanes, with two almost immediately ... “Our existing lessor, Elix Capital, is also keen on leasing 10 aircraft to us with two aircraft immediately.
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Ahmedabad: Seaplane may not fly on 1st anniversary

The Times of India 15 Oct 2021
“SpiceJet is in talks with a manufacturer to buy an aircraft. These processes take time and therefore, we are not sure whether and when the new aircraft will be procured and operationalised for the service,” said a source ... The seaplane aircraft was brought for operations to India on lease by SpiceJet.
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Ahd: Seaplane may not fly on 1st anniversary

The Times of India 15 Oct 2021
“SpiceJet is in talks with a manufacturer to buy an aircraft. These processes take time and therefore, we are not sure whether and when the new aircraft will be procured and operationalised for the service,” said a source ... The seaplane aircraft was brought for operations to India on lease by SpiceJet.
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Gulf airlines still have to deal with 'two-minute' notices on COVID-19 travel measures, says industry chief

Gulf News 15 Oct 2021
Teffaha said that it did not make sense for carriers to buy an aircraft with a lifespan of 25 years when technology is set to undergo a complete change in the next 10-15 years “My guess is going to be reliance more on leasing rather than acquisitions – it will give airlines the ...
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Ryanair Resumes UK Domestic Services

Simple Flying 15 Oct 2021
Ryanair is making a return to the UK domestic market, almost a year after completely pulling out ... It’s unclear if the airline will relaunch all or any of its 12 previous routes ... The issue centered around the carrier’s use of foreign crews and wet-leased planes for UK ops, with only one plane carrying the UK’s G- registered aircraft.
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An English Village’s Dirty Secret

Consortium News 15 Oct 2021
The Saudis have bought dozens of Hawks from Warton to train their pilots before they can fly the company’s more powerful Tornado and Typhoon aircraft ... since 2018 ... Just after noon, a Boeing 737 cargo plane with West Atlantic emblazoned across it — the company that leases the aircraft to BAE for this weekly flight — comes into view in the distance ... .
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VAH Leases Two Airbus A330-300 Aircraft to iFly Airlines

The Marshall News Messenger 14 Oct 2021
Voyager Aviation Holdings, LLC (VAH) announced today that it has come to an agreement with a new customer, iFly Airlines, who are a well-known Russian airline, for the long-term lease of two (2) Airbus A330-300 aircraft ... VAH is a privately held aviation investment firm and commercial aircraft leasing company based in Ireland.
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Aviation Capital Group Announces Delivery of One Boeing 737-8 MAX to TUI Travel

The Marshall News Messenger 14 Oct 2021
Aviation Capital Group LLC (“ACG”), announced the delivery of one new Boeing 737-8 MAX aircraft on long-term lease to TUI Travel ... with over 400 owned, managed and committed aircraft as of June 30, 2021, which are leased to approximately 85 airlines in approximately 40 countries.
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