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Air India seeks $200 million loan to buy fleet of Boeing 777Air India is seeking a $200 million bank loan through its GIFT City-registered subsidiary to acquire Boeing 777 aircraft from a US-based le...- Indigo signs pact with Norwegian low-cost carrier for aircraft leasingIndiGo has expanded its wide-body fleet by securing an agreement with Norse Atlantic Airways for two additional Boeing 787-9 Dreamliner air...
- Airlines struggle with lack of planes as summer travel set to hit record levelsPassenger carriers will receive 19% fewer aircraft this year than they expected because of production issues at Boeing and Airbus, said Mar...
- Used jets rents surge 44% as airlines pay up to buoy fleetsThe values and lease rates for out-of-production Airbus and Boeing jet series have surged due to the high demand from airlines. Used Boeing...
- Tata’s profile and M&A experts help Air India to win a cost effective dealThe Tata-owned carrier on Tuesday announced a 470 aircraft acquisition programme, the single largest order, by numbers, in the history of t...
- Air India's mega jet deal with Airbus, Boeing held up by engine-cost debateCFM International, the General Electric Co. and Safran SA joint venture, is reluctant to offer big discounts on engines and maintenance tha...
- Govt cancels lease pacts of 21 Boeing DreamlinersUnder a sale and leaseback (SLB) agreement, an airline sells its plane to a lessor for a premium and leases it back.
- Domestic airlines curtail fleet expansion plansCarriers are likely to take delivery of not more than 25 planes for the year ending December, less than a third of what they were collectiv...
- Boeing India arm picks up office space in BengaluruThe company is currently undertaking fit-outs at the newly leased office and is expected to start operations from this premise from July.
- Around 260 pilots of Jet Airways appear for SpiceJet interview in MumbaiJet’s pilots, aircraft engineers and senior management have three-month salary dues.
- SpiceJet will stay asset-light, to use sale & leaseback route for new aircraft inductionIn the sale and leaseback model, the airline sells the aircraft at the time of delivery to a lessor at a premium from the ordered price and...
- Jet Airways looks to lease planes, may consider utilising options for 50 B737sThe airline may look at refinancing more of its loans at cheaper interest rates, even as its aims to merge loss-making subsidiary JetLite.
- Air India to hire over 500 type-rated pilots on contract basisAt present Air India has 1,441 pilots, with 670 of them flying 66 A320 family aircraft. Besides, another 70 pilots are under training.
- Jet Airways plans to take back two Boeing 777s from Etihad"Jet Airways may ask Etihad to return two of the five Boeing 777s, which it has leased to the Gulf partner," sources said here.
- Jet Airways plans to focus more on single-aisle planesJet Airways today said it is planning to buy more single-aisle aircraft from Boeing, amid the airline seeking to operate code-share flights...
- Air India to refinance $1.15 billion debtThe reasons given by Boeing for delay includes challenges in completing assembly of the 1st aircraft, slower production rate than originall...
- India will need 1,150 planes worth $130 bn: BoeingMajor aircraft manufacturer Boeing revised upwards its market outlook for India saying the country would require 1,150 planes worth $130 bn...
- Air India gets $475 mn bridge loan form StanChartNational carrier Air India has got a ‘bridge loan’ from Standard chartered bank of $475 million for induction of three Boeing 777 aircraft.
- Jet in talks with Gulf, Oman Air for dry leaseJet Airways has initiated fresh talks with Bahrain's national carrier Gulf Air and Oman Air to convert wet lease agreements into dry lease ...
- Jet Air raises Rs 1,250 cr at 14% interest for 2-yrs: CEOJet Airways, the Naresh Goyal promoted airline, has divulged for first time the terms and conditions of the Rs 1,250 crore loans and the ra...
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