The values and lease rates for out-of-production Airbus and Boeing jet series have surged due to the high demand from airlines. Used Boeing...

The Tata-owned carrier on Tuesday announced a 470 aircraft acquisition programme, the single largest order, by numbers, in the history of t...

CFM International, the General Electric Co. and Safran SA joint venture, is reluctant to offer big discounts on engines and maintenance tha...

Under a sale and leaseback (SLB) agreement, an airline sells its plane to a lessor for a premium and leases it back.

Carriers 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...

The company is currently undertaking fit-outs at the newly leased office and is expected to start operations from this premise from July.

Jet’s pilots, aircraft engineers and senior management have three-month salary dues.

In 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...

The airline may look at refinancing more of its loans at cheaper interest rates, even as its aims to merge loss-making subsidiary JetLite.

At 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 may ask Etihad to return two of the five Boeing 777s, which it has leased to the Gulf partner," sources said here.

Jet Airways today said it is planning to buy more single-aisle aircraft from Boeing, amid the airline seeking to operate code-share flights...

The reasons given by Boeing for delay includes challenges in completing assembly of the 1st aircraft, slower production rate than originall...

Major aircraft manufacturer Boeing revised upwards its market outlook for India saying the country would require 1,150 planes worth $130 bn...

National carrier Air India has got a ‘bridge loan’ from Standard chartered bank of $475 million for induction of three Boeing 777 aircraft.

Jet Airways has initiated fresh talks with Bahrain's national carrier Gulf Air and Oman Air to convert wet lease agreements into dry lease ...

Jet 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...