Latest News for: Aircraft leasing

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SpiceJet gets lease rental waiver of Rs 300 crore for 4 Boeing MAX aircraft

The Times of India 20 Sep 2021
They said the airline expects to negotiate a waiver of about ₹700 crore in lease rentals for the other nine aircraft which were also grounded owing to suspected faulty computer systems.
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Fleet Snapshot: Qantas In 2021

Simple Flying 20 Sep 2021
The Qantas Group had 311 aircraft as of June 30, 2021 ... In its annual report, released late last week, Qantas confirmed it had 311 aircraft across the Qantas Group as of June 30, 2021. That compared to 314 aircraft as of June 30, 2020 ... The majority of the aircraft, 224, flew for Qantas. That includes QantasLink and Network Aviation aircraft.
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Stocks to Watch: IDBI Bank, Eicher Motors, Lupin, Cadila

Live Mint 20 Sep 2021
The airline has received lease rental waiver of about ₹300 crore for four Boeing MAX aircraft for the period beginning March 2019, as it prepares to bring them back into service by the end of this month. SpiceJet expects to negotiate a waiver of about ₹700 crore in lease rentals ...
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What Aircraft Types Has Qantas Operated?

Simple Flying 19 Sep 2021
Qantas also operated six de Havilland Comet aircraft on the London route – these were leased from BOAC and crewed by BOAC crew.
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What Aircraft Types Has Qatar Airways Operated?

Simple Flying 18 Sep 2021
For narrowbodies, it only has Airbus aircraft, but widebodies are split roughly equally ... This article takes a quick look through all the aircraft types it has operated since its start in 1994 ... Qatar Airways started service in 1994, using two leased Airbus A310 aircraft ... The first aircraft were leased, but owned aircraft began arriving in 2009.
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Covid medicines cheaper, food delivery firms liable for paying tax

Indian Express 18 Sep 2021
The Council, which held an in-person meeting after 20 months, also decided to continue compensation cess levy only for repayment of borrowed amounts beyond June 2022 ... However, the concessional tax for medical equipment will end on September 30 ... Top News Right Now ... Import of leased aircraft has also been exempted from payment of IGST ... Tags ... Live Blog ... .
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‘We have seen fewer airline failures than you would expect’

The Irish Times 17 Sep 2021
Aircraft leasing is big business, particularly in Ireland which is home to two of the largest lessors in the world, Avolon and AerCap ... “While it remains a very challenging market, aircraft lessors have shown a remarkable resilience and that has increased market confidence in the leasing sector,” he explains.
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Garuda Indonesia to massively cut fleet, focus on Citilink: Sources

The Jakarta Post 17 Sep 2021
“To implement the restructuring of the group’s aircraft lease arrangements and potentially its other debts, the company expects to launch a UK scheme of ...
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GST Council levies 5 per cent GST on food delivery apps

The Telegraph India 17 Sep 2021
Yes there was a detailed discussion...the place where food is delivered is going to be the point where tax will be collected ... Advertisement ... Import of leased aircraft have also been exempted from payment of I-GST. GST payable on import of aircraft or other goods imported on lease shall now be exempted from double taxation. .
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INTERIM DIVIDEND FOR THE SIX MONTHS ENDED 30 JUNE 2021 (Updated) (CALC - China Aircraft Leasing Group Holdings Ltd)

Public Technologies 17 Sep 2021
). EF003. Disclaimer ... Cash Dividend with Scrip Option Announcement for Equity Issuer. Issuer name. China Aircraft Leasing Group Holdings Limited. Stock code. 01848. Multi-counter stock code and currency. Not applicable. Other related stock code(s) and. Not applicable. name(s). Title of announcement ... 17 ... Status ... 30 ... CALC - China Aircraft Leasing Group Holdings Ltd.
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GST rates of these items changed: Here is the list

Live Mint 17 Sep 2021
GST Council Meeting ...    ... Premium Premium Delhi Metro ... These medicines include ... - IGST payable on import of aircraft or other goods imported on lease shall now be exempted from double taxation. This will facilitate domestic industry and aviation sector, these will also allow transfer of goods imported under lease without payment of IGST ...  .
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GST Council extends concessional tax rates on Covid drugs till Dec 31; 5 per cent ...

Business Line 17 Sep 2021
The all-powerful GST Council on Friday decided to charge tax on food delivery platforms such as Swiggy and Zomato even as it extended concessional tax rates on certain COVID-19 drugs by three months till December 31 this year ... Import of leased aircraft have also been exempted from payment of I-GST, the Finance Minister said ... ....
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Eastar Jet submits restructuring plans to court

Korea Times 17 Sep 2021
An Eastar Jet airplane / Courtesy of Eastar Jet ... With the rest of the deposit, the company has to negotiate with its creditors to settle the debt repayment rate for more than 200 billion won tied to its aircraft leasing, airport usage and other operation costs ... (Yonhap). .
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GST Council extends concessional tax rates on Covid drugs till December 31, 5% GST levied ...

Deccan Herald 17 Sep 2021
The all-powerful GST Council on Friday decided to charge food delivery platforms such as Swiggy and Zomato a tax even as it extended concessional tax rates on certain Covid-19 drugs by three months till December 31 ... Read more ... Import of leased aircraft have also been exempted from payment of I-GST, the finance minister said ... Follow us on Facebook .
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With creditor talks progress, Malaysia's AirAsia X eyes end-Oct meets

Reuters 17 Sep 2021
"We plan to raise funding in December and get that completed as soon as possible ... The airline told the court that it has received signed letters of undertaking from three large creditors to support and vote for the scheme, namely Honeywell International, Bridgestone Aircraft Tire Company and Sky High I Leasing Company ... ($1=4.1570 ringgit) ... ....
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