Latest News for: Aircraft leasing


CDB Aviation Enters Into Inaugural Sustainability Linked Loan for $625 Million

Hastings Tribune 07 Dec 2023
We’re committed to being a leader on ESG matters and efforts, managing our impact as a business and maximizing our influence to help drive positive change in the aircraft leasing community,” concluded Chen ... CDB Leasing is the only leasing arm of the China Development Bank and a ...

Jetstar pops up with discounted fares for passengers left stranded by Bonza

The Daily Mail 07 Dec 2023
... approval for the operation of two ‘wet lease’ aircraft from Canadian airline Flair ... 'As we’ve previously shared, in the short term we will use an aircraft leased from our partner Flair at our Gold Coast base while we recruit Aussie crew for this third base,' Mr Jordan said.

SpiceJet shares locked in 20% upper circuit limit on fundraising plans

Live Mint 07 Dec 2023
ReportIn a big relief, the National Company Law Tribunal (NCLT) on Monday (December 04) dismissed an insolvency petition by aircraft lessor Willis Lease Finance Corporation, which is claiming dues.However, apart from Willis Lease, SpiceJet is also facing insolvency petitions from ...

LIFT CEO reflects on the journey of the carrier as it celebrates three years

Independent online (SA) 07 Dec 2023
... allows easy scaling of aircraft, up or down, to match traveller demand ... It also saw a significant milestone in May this year, when it signed a lease agreement for an Airbus A320-200 with AerCap, the world’s largest owner of commercial aircraft and a leader in aviation leasing.

SpiceJet looks at $100-mn raise, stock jumps 20% 

Financial Express 07 Dec 2023
Budget carrier SpiceJet’s Board will decide on the proposal to raise $100 million to infuse fresh equity into the airline in a meeting on December 11 ... India’s civil aviation ambitious drive ... Other industry watchers said that it would require such funds to lease more aircraft and clear debt ... Currently, it has an operational fleet of 41 aircraft ... .

AerSale® Receives Boeing 737NG Supplemental Type Certificate for its Enhanced Flight Vision System “AerAware™”

Hastings Tribune 07 Dec 2023
AerSale's offerings include Aircraft & Component MRO, Aircraft and Engine Sales and Leasing, Used Serviceable Material Sales, and internally developed 'Engineered Solutions' to comply with regulatory mandates and to enhance aircraft performance and operating economics (e.g., AerSafe ®, AerTrak ®, and now AerAware™).

PIA plans to raze Roosevelt Hotel, Senate panel told

Dawn 07 Dec 2023
RAWALPINDI ... The PIA owns 37 buildings across the globe, of which 29 are located in Pakistan ... Senator Saleem Mandviwalla presided over the meeting in the absence of committee chairman Senator Hidayatullah ... The Senate panel was informed that PIA paid $26 million to a leasing company to retrieve its two aircraft stranded in Jakarta ... Privatisation process.

Commercial Aircraft Leasing Market size to increase by USD 19.46 billion between 2022 to 2027 ...

Victoria Advocate 06 Dec 2023
Technavio highlights the emerging trends of Commercial Aircraft Leasing Market.Major aircraft suppliers' dominance creates heavy lessor reliance, influencing aircraft procurement trends in commercial leasing.Supplier delivery delays set challenges, affecting lessors' ability to ...

Commercial Aircraft Leasing Market size to increase by USD 19.46 billion between 2022 to 2027 | Aircraft leasing as affordable option as opposed to buying drives the market growth - Technavio

PR Newswire 06 Dec 2023
6, 2023 /PRNewswire/ -- In a recent Technavio report titled Commercial Aircraft Leasing Market is projected to grow at a rapid pace in the coming years ... Technavio has announced its latest market research report titled Global Commercial Aircraft Leasing Market 2023-2027 ... Technavio highlights the emerging trends of Commercial Aircraft Leasing Market.

Go First Crisis: Delhi High Court sets deadline for affidavit in lessor’s contempt plea

Financial Express 06 Dec 2023
The lessor has accused the RP of non-compliance with the court order, hindering the inspection and maintenance of the aircraft ... The lessors, unable to deregister and reclaim their leased aircraft due to the moratorium in insolvency resolution proceedings, have approached the court for relief.

One of two stranded PIA planes back from Jakarta

Dawn 06 Dec 2023
The PIA had to pay $26 million to the leasing company, whereas it paid $13m after which one of the aircraft was released.

Airlines to increase fleet by 25% in a year as passenger number rises

Hindustan Times 06 Dec 2023
Among airlines, Air India will add 92 aircraft during the year, followed by IndiGo at 35. Akasa Air will add 18 aircraft during the period ... “IndiGo aims to add one aircraft every week in 2024, starting January, however, since some leased aircraft will be returned, the net addition will be around 35 next year,” an airline official said.

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