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AIRCRAFT LEASING BUSINESS
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...08 Jun, 2026, 01.39 PM IST- 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 ...08 Jun, 2026, 10.28 AM IST
- IndiGo Q4 Results: Co reports loss of Rs 2,536 crore vs profit a year agoIndiGo Q4 Results: Budget carrier IndiGo faced a tough fourth quarter in FY26, reporting a net loss of Rs 2,536 crore. Revenue saw a slight...30 May, 2026, 12.20 AM IST
- 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...29 May, 2026, 07.38 PM IST
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...24 May, 2026, 04.23 PM IST
- GIFT City showcases India’s scale, growth opportunities to global investors: SitharamanUnion Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India...22 May, 2026, 10.04 PM IST
- SpaceX reveals Musk company links, from Cybertrucks and jets to stock investmentsSpaceX's IPO filing shows deep financial links between Elon Musk's companies. Transactions include Cybertruck purchases and shared jets. Te...21 May, 2026, 09.05 AM IST
- Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...19 May, 2026, 12.24 PM IST
- IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...11 May, 2026, 12.16 PM IST
- 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...08 May, 2026, 06.21 PM IST
- IndiGo to deploy long-range narrow-body A321XLR aircraft on Delhi-Istanbul routeIndiGo is upgrading its Delhi-Istanbul flights with the new A321XLR aircraft starting April 19. This move offers a dual-class experience wi...02 Apr, 2026, 09.01 PM IST
- India plans more incentives for aircraft leasing in GIFT CityIndia plans to extend the tax holiday for aircraft leasing firms in GIFT City to 15 years, aiming to capture a larger share of the global m...28 Nov, 2025, 12.16 PM IST
- Air India completes acquisition of its first A350 aircraft through GIFT CityAir India has acquired its first A350-900 aircraft through a finance lease transaction with HSBC via the GIFT City, India's first Internati...29 Sep, 2023, 01.19 PM IST
- General Electric, AerCap join air leasing businesses in $30 billion dealThe agreement to push GE Capital Aviation Services, or GCAS, into a separate business puts GE closer to its goal of shedding most of its en...10 Mar, 2021, 06.52 PM IST
- SBI eyes aircraft leasing businessState Bank of India is looking to enter the aircraft leasing business in India, a senior official at the country’s largest lender said.01 Mar, 2021, 12.22 AM IST
- 5 aircraft leasing companies seek to land in GIFT cityAcumen Aviation confirmed to ET it has started the procedure of registering a company in GIFT City and the venture will be a fully owned su...23 Feb, 2021, 10.00 AM IST
- IFSC Authority announces framework for aircraft leasing companiesTaking forward the Budget announcement to make India an aircraft leasing hub, the International Financial Services Centre Authority (IFSCA)...19 Feb, 2021, 07.44 PM IST
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