Latest News for: Aircraft leasing

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El Al’s board approved strategic agreement for 30 Boeing 737MAX narrow-body aircrafts

TravelDailyNews 14 Jun 2024
dollars, depending on the number of aircraft to be purchased, the number of aircraft to be leased, purchase options to be exercised, applicable price adjustments on the future delivery dates of the aircraft, credits to be granted to the company, etc.
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Our View: Firefighting aircraft shortage highlights government negligence

CyprusMail 14 Jun 2024
We do not have anywhere near enough firefighting aircraft and have to rely on the neighbouring countries to send some ... Aware of the possible delays, the government, in January had invited offers for leasing firefighting aircraft.
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Nigerian Airlines Poor Maintenance Culture Fuels Low Capacity, High Fares

This Day 14 Jun 2024
He said with such amount of money owed the airlines, they have to resort to wet leasing aircraft at huge cost in order to sustain their operation and revenues earned are used to pay for the lease and the airline may earn very little profit.
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Global airlines bet on India travel boom

Hindustan Times 14 Jun 2024
India, among the fastest-growing major aviation markets, took centre stage at the industry's largest gathering of global airline CEOs and aircraft leasing companies in Dubai last week, with domestic and international air travel surging.
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Stocks to watch: Ambuja Cements, Vi, Havells, Sterlite Tech, Suven Pharma

Live Mint 14 Jun 2024
The National Company Law Tribunal (NCLT) has issued a notice to SpiceJet over an insolvency plea filed by Engine Lease Finance BV, an aircraft engine lessor of the debt-ridden air carrier.
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Cyprus has record number of firefighting aircraft, Minister says

Philenews 13 Jun 2024
Panayiotou said four of the firefighting aircraft are currently leased, with plans to retain them until the island develops its own aerial firefighting capacity.
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Go First bankruptcy: NCLT grants final 60-day extension on moratorium

Live Mint 12 Jun 2024
... (CIRP). This extension, which lasts until August 3, comes amid challenges and legal implications stemming from a Delhi high court ruling that deregistered all leased aircraft held by the airline.
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Cyprus will buy more firefighting aircraft – minister

CyprusMail 12 Jun 2024
... Department, which is in operational readiness, the four planes it has leased ... Between 2006 and 2009, Cyprus chose not to invest in the purchase of privately owned aircraft and rented or leased planes.
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Criminal fires and government responsibility – one Fidias is not enough

Philenews 12 Jun 2024
“We have just one firefighting aircraft from the Department of Forests ... The four aircraft that the authorities should have leased are still missing ... That is, they are not designed for the same purpose as the ones we aim to lease.
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High Court begins hearing mammoth case over indemnity for aircraft worth $2.5bn stranded in Russia

The Irish Times 11 Jun 2024
The plaintiffs say when the Russians invaded Ukraine on February 24th, 2022, the aircraft were subject to aircraft lease agreements with Russian airlines ... of the aircraft but they were not returned.
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Case over leased aircraft stuck in Russia begins

RTE 11 Jun 2024
... as BOC Aviation, CDB Aviation, Nordic Aviation Capital and Carlyle Aviation Partners are pursuing their claims here in Ireland, where more than 60% of the world's leased aircraft are owned or managed.
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El Al in talks to buy 30 Boeing 737 MAX aircraft

Globes 11 Jun 2024
El Al reports that the board of directors has approved the move to conduct exclusive talks with aircraft manufacturer Boeing and with aircraft leasing companies in order to complete the deal.
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Six more aircraft in Cyprus to help firefighting efforts

Stockwatch 11 Jun 2024
This, it is reported, "was achieved after the successful outcome of the offers for the lease of four aircraft". The cost of leasing two of the four aircraft will be covered by the EU RescEU mechanism.
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El Al Embarks on Record Aircraft Purchase After Achieving Dominance in Israel’s Skies

Hamodia 11 Jun 2024
... forward with a historic purchase and lease deal for 30 Boeing 737 MAX aircraft ... The board of directors has approved exclusive talks with Boeing and aircraft leasing companies to finalize the deal.

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