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SALE AND LEASEBACK
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...05 Feb, 2025, 07.43 PM IST- 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...04 Sep, 2024, 06.53 PM IST
- Jet Airways plunges 4% after sharp fall in Q2 netThe firm did not make any gains on sale and leaseback of planes and failed to keep a check on some cost heads, ET reported.08 Dec, 2017, 04.04 PM IST
- JSPL sells oxygen plant assets to SREI equipment financeUnder the sale and leaseback agreement, JSPL will continue to operate the assets for manufacturing steel at the respective plants.09 Oct, 2017, 11.42 PM IST
- 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...13 Aug, 2017, 11.45 PM IST
- 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...01 Aug, 2017, 01.35 AM IST
- Air India aims to raise $470 million to fund Dreamliner planesThe state-run carrier had in 2005-06 placed an order for 27 Boeing 787 Dreamliner planes as part of the mammoth 111 plane order placed with...05 Mar, 2017, 03.23 PM IST
- Jet Airways standalone net profit plungesJet's operating performance was worse. Its profit at an operating level plummetted almost by a seventh to Rs 72.75 crore.03 Feb, 2017, 07.46 PM IST
- Jet Airways swings to quarterly profit on one-off gainThe airline's profit from sale and leaseback of planes also increased to Rs 243.47 crore, from Rs 73.07 crore, also helping profit to incre...08 Nov, 2014, 02.00 AM IST
- 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.04 Jul, 2014, 07.39 PM IST
- Air India to use proceeds from Boeing 777 sale to pay off loanAir India, would sell five Boeing 777 aircraft to Etihad and carry out sale-leaseback of its Dreamliners, to pay off aircraft loans, it has...16 Feb, 2014, 10.37 AM IST
- 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.13 Jan, 2014, 10.47 PM IST
- Air India puts Dreamliner planes for sale, leasebackAir India has put all its newly-acquired Boeing 787-8 Dreamliners for sale and leaseback and invited bids from prospective lessors by Febru...28 Jan, 2013, 07.15 PM IST
- Cash-strapped AI decides to sell, leaseback DreamlinersThe Air India Board has already decided to go for sale of these aircraft to a lessor and immediate leaseback under an operating lease of 12...27 Dec, 2011, 10.31 AM IST
- Air India goes for leaseback option for Boeing DreamlinersAir India decided to go in for sale-and-leaseback option for Boeing 787 Dreamliners instead of their outright purchase, as its Board review...02 Dec, 2011, 11.06 AM IST
- A new lease of lifeIf it weren’t for sale and leaseback transactions, most domestic airlines in India would go under, says Kapil Kaul, India CEO of the Sydney...09 Nov, 2006, 02.23 AM IST
- Airlines take the lease-back route to fund expansionsWith most airlines lining up expansion plans, financing of aircraft has become an important issue.26 Aug, 2006, 02.37 AM IST
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