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AIRCRAFT LEASING HUB
Air India weighed down by external shocks: Singapore Air CEOAir India's losses have significantly impacted Singapore Airlines' annual profit. Geopolitical issues, airspace closures, and currency fluc...16 May, 2026, 01.06 AM 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
- India exploring fractional aircraft ownership policy, considering aircraft as infrastructure assets: Aviation Minister NaiduThe government is working on a policy to allow fractional aircraft ownership and is considering classifying aircraft as infrastructure asse...08 May, 2026, 02.38 PM IST
- Arrival at departure lounge: Building a transit hub faces challenges deeper than the infra build-up Noida airport representsIndia is launching its first phase of Noida International Airport, aiming to become a global transit hub. This ambitious project faces hurd...27 Mar, 2026, 11.16 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's AIFS secures $215 million loan for Boeing aircraft financing via GIFT CityAir India's leasing arm, AIFS, secured a $215 million loan from Standard Chartered and Bank of India to finance six Boeing 777-300ER aircra...15 Oct, 2025, 10.51 PM IST
- Air India arm gets USD 215 mn loan from StanChart, BoI for financing 6 Boeing planesIn a landmark move, Standard Chartered and Bank of India have injected a substantial USD 215 million into AI Fleet Services IFSC Limited, t...15 Oct, 2025, 08.16 PM IST
- IndiGo, Air India to set up leasing units at GIFT CityIndiGo will invest Rs 30 crore in its leasing unit and issue a corporate guarantee of up to $996 million. Air India has already established...04 Sep, 2023, 07.49 PM IST
- AI fleet expansion a necessity; India can have multiple intl aviation hubs, says former AI chief ThulasidasWhile stressing the importance of international aviation hubs, he said India can have many such hubs as there are now world class airports ...20 Feb, 2023, 12.35 PM IST
- Government eases rules; allows Indian carriers to wet lease wide-body planes for up to 1 yearTill now, wet leasing of wide-body planes was allowed only for up to six months. The country's largest airline IndiGo on Sunday said it app...27 Nov, 2022, 10.36 PM IST
- SpiceJet gets DGCA nod for wet leasing 5 planes; 2 aircraft already operatingTo cater to rising demand in the winter schedule which begins from October 30, SpiceJet and IndiGo have received approval for their proposa...28 Oct, 2022, 11.26 AM IST
- DGCA allows IndiGo to wet lease Turkish Airlines' Boeing planes for six months. Here's what it meansThe request for a longer term lease was not entertained as the DGCA cited that the move could become diversion of traffic rights in collusi...27 Oct, 2022, 02.37 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
- Domestic air traffic may be back to full pre-COVID-19 level by summer, says Puri"Contrary to prophets of doom and gloom, we have not only been able to navigate the pandemic turbulence, (but) today in terms of domestic c...26 Feb, 2021, 10.37 PM IST
- Budget announcement on tax incentives to give traction to IFSC: FM Nirmala SitharamanSitharaman in her 2021-22 Budget speech had said that the government is committed to make the International Financial Services Centre (IFSC...26 Feb, 2021, 07.24 PM 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
- Budget 2021: Local aircraft leasing takes off with concessions to aircraft leasing companies“The proposal sits well with India’s desire to develop a local aircraft leasing and financing industry to accelerate the maturity and ‘Atma...02 Feb, 2021, 03.00 AM IST
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