Aviation Lease

Latest News for: Aviation lease

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SpiceJet in talks with lessors for inducting planes

Deccan Chronicle 23 Mar 2019

The clarification came amid reports that the airline is in talks to lease some grounded planes of Jet Airways. Earlier this month, the Directorate General of Civil Aviation (DGCA) ......

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Tell us about your dues, DGCA tells government agencies as Jet's lessors flock to repossess aircraft

The Times of India 22 Mar 2019

Inform us about your dues before we allow unpaid lessors to repossess aircraft and fly them out of India, aviation regulator told government agencies ... While a few lessors are in talks to lease the B737s to SpiceJet, other want to fly them out of India to rent them to other airlines globally....

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SpiceJet leasing Jet Airways’ grounded planes to keep fares in check

Live Mint 22 Mar 2019

Air travellers could be assured of fares remaining reasonable with budget carrier SpiceJet planning to lease distressed Jet Airways' grounded aircraft from their lessors in a move that will restore part of the airline industry's capacity ... "Commercial negotiations are on for the leasing deal with SpiceJet....

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Govt Looks At Providing Jet-Airways' Unused Airport Slots To Other Domestic Airlines

Kashmir Observer 21 Mar 2019

Cash-strapped Jet Airways, which is looking to raise fresh funds, has grounded at least 47 planes due to non-payment of lease rentals ... Against this backdrop, the civil aviation ministry officials on Wednesday held a meeting with representatives of various domestic airlines....

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Doomed Boeing jets lacked two safety features plane maker sold as extras

The Irish Times 21 Mar 2019

In 2013, around the time Boeing was starting to market its 737 Max 8, an airline would expect to spend about $800,000 (€704,000) to $2 million on various options for such a narrow-body aircraft, according to a report by Jackson Square Aviation, an aircraft leasing firm in San Francisco....

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Mackinac Board hears airport office space request

The Sault News 20 Mar 2019

The Mackinac County Board of Commissioners is considering a request to offer office space to another air service provider at the Mackinac County Airport.Fresh Air Aviation is seeking some room at the facility, room which is currently controlled by Great Lakes Air through a lease agreement....

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Jet Airways shares drop as crisis deepens

Deccan Chronicle 20 Mar 2019

The 25-year-old airline defaulted on loans after racking up over USD 1 billion in debt, and owes money to banks, suppliers, pilots and lessors - some of whom have started terminating their lease deals with the carrier ... General of Civil Aviation has said....

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L3’s John Feren Recognized With 2019 ISTAT Award for Aviation Industry Leadership and Achievement

The Record 20 Mar 2019

Feren has more than 30 years of expertise in the aviation industry ... ISTAT currently represents more than 5,000 members worldwide who are involved in operating, manufacturing, maintaining, selling, purchasing, financing, leasing, appraising, insuring or other activities related to the commercial aviation sector....

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Jet Airways plummets 5% after docking of 6 additional aircraft

Moneycontrol 20 Mar 2019

"We now write to inform you that an additional six aircraft (include one aircraft of Jet Lite (India) Limited) have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements," the airline said in its BSE filing....

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Govt looks at providing Jet Airways#39; unused airport slots to other domestic airlines

Moneycontrol 20 Mar 2019

Civil Aviation Secretary Pradeep Singh Kharola said that domestic capacity should be increased when the season starts in April ... Cash-strapped Jet Airways, which is looking to raise fresh funds, has grounded at least 47 planes due to non-payment of lease rentals ... Civil Aviation ......

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Hope Village homeless encampment faces uncertain future

The Mercury News 20 Mar 2019

The encampment — which has been at its current spot since September� — is on land the county is leasing from San Jose and the lease is up at the end of the month ... The water district has suggested extending the current lease. But the Federal Aviation Administration sent ......

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Government looks at providing Jet Airways' unused airport slots to other domestic airlines

DNA India 20 Mar 2019

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Government may turn to PSU banks to rescue Jet

Sify 20 Mar 2019

Saddled with more than Rs 8,000 crore of debt, Jet is struggling even to pay salaries as it defaulted on payments to banks and aircraft lessors some of whom have reportedly begun to terminate lease deals. The aviation ......