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BOEING LEASE
Govt scraps TDS on GIFT City aircraft lease rentalsAirlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...
Airbus to inspect 16 Emirates, Qantas A380s after wing cracks foundAirbus on Tuesday said it would inspect 16 A380 planes, five of them immediately, after cracks were found in a key wing component on aircra...
KKR eyes at least $1 billion stake in Medicover's India hospital arm, source saysGlobal investment firm KKR is in advanced discussions to acquire a significant stake in Medicover's Indian hospital operations. The deal is...
KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and AirbusPrivate equity firm KKR is investing an additional $1.4 billion in aircraft leasing through its partnership with Altavair. This move comes ...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
SpiceJet to induct 3 Airbus A320s on damp lease, ungrounds Boeing 737 MAXSpiceJet is adding three Airbus A320 aircraft on a damp lease basis. These planes will join the fleet in July 2026. The airline has also br...
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitionsIndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on ...
IndiGo shares snap 3-day rally, fall over 1% as airline suspends flights to 6 countries amid soaring operational costsIndiGo's parent company, InterGlobe Aviation, saw its shares dip as the airline announced temporary flight suspensions to six international...
IndiGo shares fall as airline halts Manchester flights amid soaring operational costsIndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soarin...
IndiGo to suspend Manchester flights from Aug 31, return one leased Dreamliner amid rising costsIndiGo is pausing flights to and from Manchester starting August 31. This decision stems from prolonged airspace restrictions and increased...
IndiGo approves $450 million plan to acquire aircraft, enginesIndiGo's parent company, InterGlobe Aviation, has approved a significant plan. Up to $450 million will be deployed to acquire aircraft, eng...
BOC Aviation to lease three more Boeing 737-8200 aircraft to Akasa AirBOC Aviation has signed a new deal to lease three Boeing 737-8200 aircraft to Akasa Air. These planes will be delivered by the end of 2026....
Akasa Air establishes aircraft leasing unit at GIFT City, boosting India's aviation finance hubAkasa Air has set up an aircraft leasing unit at Gujarat International Finance Tec-City. This move supports fleet expansion and aims to kee...
Air India Dreamliner crash probe in 'last stage'; report due in a month, Aviation Minister Naidu saysThe investigation into last year's fatal Air India Boeing Dreamliner crash, which claimed 260 lives, is nearing its conclusion. Civil Aviat...
Akasa Air sets up entity for aircraft financing, leasing in GIFT CityAkasa Air has set up a new entity at GIFT City in Gujarat. This move aims to boost its aircraft financing and leasing operations. The new c...
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.
- Turkish Airlines takes three aircraft from Jet on lease
Turkish Airlines inked an agreement with Jet Airways to take three Boeing 777 aircraft from the latter on lease.
- Air India's woes increase, even no takers for its lease plans
There seem to be no takers for leasing Boeing-777s from Air India, which plans to wet-lease six of them for up to two years owing to a dema...
- Jet cuts international routes, plans leasing aircraft
Jet Airways has cut three of its biggest loss-making international routes and plans to lease four wide-body Boeing 777 aircraft, besides ph...