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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 ...- On This Day in History, June 10: Troy falls, Italy enters WWII, Jurassic Park premieres, Thatcher wins for 3rd time, FIFA World Cup opens and other key eventsOn This Day in History, June 10 witnessed events that ranged from the legendary destruction of Troy and the birth of Gothic architecture to...
- India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
- 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...
- 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...
- 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...
- India extends airspace closure for Pakistan aircraft till May 24India has decided to prolong its restriction on allowing Pakistani aircraft to traverse its airspace, effective until May 24, 2026. This av...
- Centre offers to bail out airlines with Rs 4,000-crore loanIndia plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease st...
- 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...
- Runway set to be cleared for Airlines to use wet leased planes on new routesIndia is allowing domestically operated carriers to use wet leased planes on new routes to alleviate an aircraft shortage, benefiting airli...
- DGCA to streamline norms for Indian airlines' wet-leased plane operationsIndia's aviation regulator, the DGCA, is streamlining regulations for wet-leasing aircraft to address rising travel demand and supply chain...
- DGCA proposes stricter norms for wet-leased plane operations by Indian airlinesThe Directorate General of Civil Aviation (DGCA) has proposed stricter norms for the oversight of wet-leased planes operated by Indian airl...
- Stopgap move: Why govt changed wide-body aircraft wet lease policy for Indian airlinesThis policy change by the Jyotiraditya Scindia-headed Union aviation ministry will allow them to provide more direct connectivity from Indi...
- 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...
- Vistara may move away from leasing planesVistara, which completes two years of operations today, also intends to launch international operations before the earlier schedule of laun...
- Global lessors queue up to lease planes to Air IndiaThe state-run carrier would induct 19 new Airbus 320 neo/ceo planes in the fleet by March 2018 on an up to 12-year dry lease, sources said.
- Kingfisher Airlines’s 15 leased planes may land in scrapyardsA majority of the 15 leased planes that still remain on Kingfisher Airlines's (KFA) name may be headed to the scrapyards.
- AI plans leased planes on long routesAI to induct leased planes to maintain its international schedules and launch new routes.
- Air India to lease planes for international routesWith shortage of aircraft affecting its services on long haul routes, Air India has charted out plans to induct leased planes to maintain i...
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