SpiceJet finalises lease agreements for 10 aircraft ahead of a busy summerSpiceJet has finalized lease agreements for ten aircraft to prepare for the upcoming summer schedule, expecting higher demand. The airline ...
14 Mar, 2024, 10.43 AM IST
SpiceJet resolves Rs 413 cr dispute with Echelon Ireland Madison OneSpiceJet announced the resolution of its Rs 413 crore dispute with Echelon Ireland Madison One, resulting in savings of approximately Rs 39...
07 Mar, 2024, 11.23 AM IST
SpiceJet settles Rs 93 cr dispute with Cross Ocean PartnersSpiceJet informed the Delhi High Court about settling its Rs 93 crore dispute with aircraft leasing firm Cross Ocean Partners. As part of t...
05 Mar, 2024, 12.35 PM IST
NCLT reserves order in Aircastle’s insolvency case against SpicejetNCLT has reserved its order in the insolvency petition filed by Aircastle Limited against SpiceJet. Aircastle's petition has been questione...
05 Mar, 2024, 10.59 AM IST
SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial AviationThe representatives of both parties informed a bench of NCLT last week that settlement terms had been reached, and thus requested an adjour...
28 Feb, 2024, 03.02 PM IST
SpiceJet settles Rs 250 cr dispute with Celestial AviationSpiceJet has resolved its Rs 250 crore dispute with AerCap's subsidiary Celestial Aviation, announcing the mutual settlement of the $29.9 m...
28 Feb, 2024, 02.03 PM IST
Pakistan Airlines plane seized in Malaysia over unpaid dues, second time in 2 yearsA Malaysian court ordered the Pakistan Airlines plane to be seized on the lessor’s request.
30 May, 2023, 11.16 PM IST
Who's to blame? Jet delivery delays spark penalties battlePowerful leasing companies heaped pressure on planemakers over the delays, with Air Lease Executive Chairman Steven Udvar-Hazy telling this...
18 Jan, 2023, 05.01 PM IST
Bleaker economy could sour airline industry's bet on cargo planesAnalysts say aircraft lessors, who helped drive a tripling in annual conversions since 2019, now face not only fallout from falling rates f...
23 Sep, 2022, 09.24 AM IST
Hundreds of planes are stranded in Russia. They may never be recovered.As of Thursday, there were 523 aircraft leased to Russian carriers by companies outside the country, according to IBA, a consulting firm. O...
12 Mar, 2022, 10.26 PM IST
Air China to buy 18 Airbus A320neo jets from GECAS subsidiaryGECAS and Ireland's AerCap, the world's two biggest aircraft leasing companies, announced plans last week to combine, with AerCap agreeing ...
18 Mar, 2021, 04.46 PM IST
General Electric, AerCap join air leasing businesses in $30 billion dealThe agreement to push GE Capital Aviation Services, or GCAS, into a separate business puts GE closer to its goal of shedding most of its en...
10 Mar, 2021, 06.52 PM IST
PIA pays $7 mn to Irish company after plane seized in Malaysia over lease disputeThe PIA informed a judge at the London High Court on Friday that it has paid around USD 7 million to the Peregrine Aviation Charlie Limited...
23 Jan, 2021, 05.29 PM IST
Jet Airways grounds four aircraft after failing to pay lessorsJet Airways has a large fleet of mainly Boeing Co 737 jets which it sources from over 20 lessors.
08 Feb, 2019, 08.48 AM IST
SpiceJet in talks with plane-makers over long-haul optionsThe rise of low-cost long-haul travelling has been led by Asian carriers such as AirAsia, as well as Norwegian Air Shuttle across the Atlan...
16 Jul, 2018, 06.54 PM IST
Bhutan Airlines plans flights from Mumbai & AhmedabadThe airline also plans to operate more flights between Paro and Kolkata starting March 2018 to cater to the rising number of visitors to th...
30 Nov, 2017, 06.23 PM IST
- Kingfisher Airlines owner Vijay Mallya calls on SBI for Rs 400 crore loan
Kingfisher's owner Vijay Mallya has met SBI chairman Pratip Chaudhuri to ask for a short-term loan of Rs 400 crore to meet day-to-day expen...
21 Nov, 2011, 10.26 AM IST