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AIRCRAFT LEASE
SpiceJet finalises lease agreements for 20 aircraft ahead of winter schedule, targets 200 daily flightsSpiceJet is adding twenty aircraft to its fleet by mid-November. These planes will enhance capacity for the upcoming winter schedule and ho...- Hormuz will be bypassed in two years: Scott BessentThe Treasury department has taken a more central role in recent weeks in the conflict, with Bessent announcing plans last week to expand sa...
- Manufacture in India, build for the world: Sitharaman urges global investorsIn a strategic appeal, Finance Minister Nirmala Sitharaman encouraged global investors to set up manufacturing and innovation centers in In...
- SpiceJet seeks extension of time to deposit ₹50 crore in KAL Airways dispute; Delhi HC declines to interfere at this stageThe Delhi High Court declined to issue an interim order regarding SpiceJet's delayed payment. SpiceJet sought more time to deposit the firs...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the possibility of hostilities resuming in the Gulf region, focus on risk management in the market. Why? Because fresh hostilities wi...
- Gujarat pitches AI, GIFT City plans at Chief Minister's US visit, seeks concessional World Bank fundingGujarat's Chief Minister Bhupendra Patel visited the US to promote the state. He presented Gujarat's vision for becoming a global hub for A...
- SpiceJet insolvency case: NCLT allows lessor to withdraw plea, imposes fine on both Aviator ML & cash-strapped airlineThe National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...
- Pakistan extends airspace ban for Indian aircraft till Sep 24Pakistan's airports authority has extended its airspace closure to Indian aircraft. This restriction will now remain in effect until Septem...
- Indian Navy adds two more SeaGuardian drones in ₹1,943 crore lease dealIndia's defence ministry has leased two more MQ-9B SeaGuardian drones from General Atomics. These advanced drones will significantly boost ...
- SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...
- India leases 2 MQ-9B jets from US firm under Rs 1,943 crore pactThe Ministry of Defence has contracted General Atomics for two Sea Guardian drones. These advanced remotely piloted aircraft systems will s...
- Seaplanes in India get an electrifying push with SkyHop Aviation's new dealSkyHop Aviation, India’s seaplane operator, is exploring electric seaplane deployment with Noemi Aerospace across India and South Asia. Sky...
- In 2018, the U.S. Air Force signed a 35-year lease for underused Mojave desert land. 8 years later, the site hosts 1.9 million solar panels, turning a historic aircraft testing ground into a massive renewable-energy hubIn 2018, the U.S. Air Force signed a 35-year lease for underused desert land at Edwards Air Force Base in California. What happened next wa...
- AI's hunger for power sparks US private gas plant boomAs US tech companies race to build the data centers fueling the AI boom, they are increasingly putting up their own power plants -- off the...
- Akasa Air, AI Express say their B737 planes are not impacted by FAA directiveIndian airlines Akasa Air and Air India Express confirmed their Boeing 737 fleets are not impacted by a recent FAA directive. This directiv...
- HC closes contempt case against SpiceJet chairmanThe Delhi High Court has closed contempt proceedings against SpiceJet's chairman and directors. This action follows their failure to fully ...
- AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...
- IndiGo bets on small biz class, dense economy seating for long-haul flightsIndiGo plans a high-density economy layout for its long-haul European flights. This strategy aims to sell more seats and protect its cost s...
- Caught on Video: Two helicopters collide battling Greece wildfires, 2 deadTwo crew members were killed after two firefighting helicopters collided mid-air during wildfire operations. A Danish pilot and a Greek lia...
- IndiGo to decide on next aircraft order in 2030 after assessing new-generation planes: Rahul BhatiaIndiGo plans to wait until the early 2030s before placing its next aircraft order as it evaluates next-generation aircraft technologies tha...
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