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SALE AND LEASEBACK TRANSACTIONS
Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitionsIndia is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship l...
BOC aviation and Akasa Air sign deal for 3 aircraft
WNS Global sells 170,000 sq ft office in Pune, leases it back for 5 yearsWNS Global Services has sold its 170,000 sq ft office in Pune for Rs 177 crore and leased it back for five years at annual rentals of Rs 16...
Suzlon sells headquarters for Rs 440 crore, leases it back for up to five yearsSuzlon Energy has sold its Pune headquarters, One Earth, for Rs 440 crore to OE Business Park Pvt Ltd and leased it back for up to five yea...
StanChart closes operating lease of 5 aircraft with Akasa AirAs part of the deal, structured, financed and arranged exclusively by Standard Chartered Aviation Finance, the first four aircraft were del...
Essar lenders to move court against Odisha slurry pipeline sale by SreiOdisha Slurry Pipeline ownership has changed hands twice in the past few years.
Turnaround plan: Air India proposes outright purchase of 15 Dreamliner aircraftsWhile leaseback turns out to be more expensive in the long run, an airline does not get the benefit of the residual value of an aircraft.
Large billboards forcing Air India to carry less than capacity passengersAs the take off path is shorter, planes are forced to reduce their passenger load as they need more thrust to clear the high billboards.
Air India puts up 5 more Dreamliners for leasebackAI will sell and lease back 5 of its new Dreamliners as part of cost-cutting measures and save substantial sums to pay off the bridge loans.
Air India hopes to conclude deals on 14 of its Dreamliners by March"We have already issued tenders for seven more Boeing 787 planes which we want to conclude by March this year," the sources said.
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?
Jet Airways sells slots at London’s Heathrow Airport to EtihadAbu Dhabi-based Etihad paid $70 million to the Indian carrier to purchase the Heathrow slots.
Weak rupee, higher ATF price may ground Jet AirwaysJet Airways' rebound in the quarter to June 2012 is a reflection of the fact that full service carriers benefit, even in a weak operating e...
- Air India goes for leaseback option for Boeing Dreamliners
Air India decided to go in for sale-and-leaseback option for Boeing 787 Dreamliners instead of their outright purchase, as its Board review...
- A new lease of life
If it weren’t for sale and leaseback transactions, most domestic airlines in India would go under, says Kapil Kaul, India CEO of the Sydney...
- Airlines take the lease-back route to fund expansions
With most airlines lining up expansion plans, financing of aircraft has become an important issue.
- SpiceJet on course to join biggies’ club
Spicejet is one step closer to joining the league of big airlines in India having secured funding for its 16 aircraft it had ordered.