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CDB AVIATION
Aviation leasing watchdog issues warning to India over plane repossessionsThe move from the Aviation Working Group (AWG), a UK-based entity that monitors leasing and financing laws on behalf of planemakers and les...- India to decide on Go First bankruptcy, lessors seeking planes fear impactGo Airlines (India), recently rebranded as Go First and the country's fourth-largest carrier, will learn its fate on Wednesday in a bankrup...
- Wadias may seek IBC rule waiver to bid for Go FirstThe Wadia Group, which owns Go First Airlines, could seek a waiver from the Insolvency and Bankruptcy Code (IBC) rules that bar promoters f...
- Lessors approach DGCA to repossess Go First aircraftCDB Aviation, SMBC Aviation Capital, Sonoran Aviation Company, have approached the regulator to deregister four Airbus A320 Neo aircraft of...
- Carlyle Aviation to convert lease rental dues to equity in SpiceJetPeople aware of the development said Carlyle will take an equity stake of around 5% in the company. SpiceJet will also issue Convertible De...
- Air India leases six A320 neo aircraft from China Development Bank AviationCDB Aviation is among the first aircraft leasing companies to secure the placement of Air India's additional A320 neo aircraft under the re...
- SpiceJet settles dispute with Credit SuisseLow-cost carrier SpiceJet on Wednesday said that it has signed and concluded the settlement and consent terms with Credit Suisse in a pendi...
- SpiceJet settles $24 million financial dispute with Credit SuisseThe airline said that the documentation process of the settlement terms is underway. Notably, the process involves payment of the settlemen...
- All salary issues have been resolved; court cases by lessors don't assist anybody: SpiceJet CMDOn September 3, a section of employees of SpiceJet went on a short strike at the Delhi airport over issues related to reduced salaries and ...
- SpiceJet gets lease rental waiver of Rs 300 crore for 4 Boeing MAX aircraftThe 13 MAX aircraft in its fleet have been leased from five lessors. The airline recently announced that it has agreed on a settlement with...
- India's SpiceJet settles with Boeing MAX aircraft lessor CDB AviationThe 737 MAX was grounded worldwide in March 2019 after two fatal crashes in five months killed 346 people, plunging Boeing into a financial...
- A fifth of Indian carriers’ leased fleet from Chinese, Hong Kong ownersIndian carriers have a combined passenger aircraft fleet of 650, of which about 600 are on outright lease or under sale and leaseback. In t...
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