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SALE AND LEASEBACK MODEL
With 500 jets, Air India seals mother of all aviation dealsThe order includes 430 narrow body and 30 wide body aircraft and will be delivered to the airline over next seven to eight years. While Eur...
Cash-strapped Vodafone Idea looks to monetise assets to raise $1 billionThe telco needs to pay Rs 22,500 cr between December 2021 and April 2022 toward a mix of regular debt, adjusted gross revenue and spectrum ...
DoT may lease out BSNL fibre networkMonetising asset will help meet telco’s apital and operational expenses.
New accounting standard for leases to improve quality of financial info, says ICAIInd AS 116, which sets out the principles for recognition, presentation and disclosure of leases has been notified by the corporate affairs...
Investors get off IndiGo on profitability concernsYields fell 5.4 per cent to Rs 3.62 in the June quarter.
IndiGo announces Rs 1,125-1,175 band for planned QIPIt plans to sell 3.36 crore equity shares -a fresh issue of 2.24 crore shares.
IndiGo Announces Rs 1125-1175 price band for planned QIPThe price band was approved at Rs 1,125-Rs 1,175 per share, said the airline in a stock exchange filing. Its stock closed at Rs 1,196.70 on...
SpiceJet will stay asset-light, to use sale & leaseback route for new aircraft inductionIn the sale and leaseback model, the airline sells the aircraft at the time of delivery to a lessor at a premium from the ordered price and...
IndiGo may junk sale-and-leaseback model, opt for outright buysThe adoption of the new model, according to senior executives at the country’s largest carrier, would help IndiGo lower overall costs of fl...
Higher yields, capacity boost IndiGo, net soars 37 per cent to Rs 811 croreA 5.5% improvement in RASK, coupled with a strong 25.4% growth in RPK , pushed up net sales 25.65 to Rs 5,955 crore, helping the largest ai...
Cerestra aspires to be a “Passive Infrastructure Partner” of choice for Education and Lifesciences IndustriesApart from being a modern city with state of the art infrastructure, Hyderabad has been at the forefront of providing better Healthcare to ...
IndiGo's IPO: Non-operating income dominates profit, timing and valuation criticalOne analyst suggested the airline may be better off deferring its IPO by another two years when the India story is expected to get more upb...
The secret of Indigo’s consistent profitsHow does the airline turn in profits year after year in one of the world’s toughest markets where competitors are struggling?
Our competition is from buses and trains: Rahul Bhatia, co-founder, IndiGoIn the coming years, air traffic in the country is set to jump and the opportunity it will create should belong to Indian carriers, said Bh...
- GoM undecided over fund infusion into Air India
The GoM asked the civil aviation ministry to seek the approval of the Reserve Bank for a plan to restructure Air India's debt.
- We plan to add more than a dozen aircraft to our fleet: Kishore Gupta, director, SpiceJet
In an interview with ET Now, Kishore Gupta, director, SpiceJet Ltd, talks about their international operations which they are looking to la...
- We plan to add more than a dozen aircraft to our fleet: Kishore Gupta, director, SpiceJet
In an interview with ET Now, Kishore Gupta, director, SpiceJet Ltd, talks about their international operations which they are looking to la...