Aviation Lease

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CDB Aviation Receives Investment Grade Ratings from Moody's, S&P Global and Fitch

The Record 25 Apr 2019

DUBLIN--(BUSINESS WIRE)--Apr 24, 2019--CDB Aviation Lease Finance Designated Activity Company (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today that the ‘big three’ global credit rating ......

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Growth in Aviation Industry on the cards: Suresh Prabhu

Yahoo Daily News 25 Apr 2019

... Laboratories (NAL), Hindustan Aeronautics Limited (HAL) and Aeronautical Development Agency (ADA), for the development of Regional Transport Aircraft (RTA).Project Rupee Raftaar. Formulated a road map for developing an Aircraft Financing and Leasing Ecosystem in India....

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Nearly half of Jet Airways fleet de-registered

Moneycontrol 24 Apr 2019

Once de-registered with an industry regulator, these aircraft can be taken out of the country by lessors�and leased out to other airlines ... Jet Airways, which owes about Rs 9,000 crore to banks, had also defaulted on its lease payments to lessors. The airline owns 16 aircraft while the rest of its fleet is leased....

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At just $147,000 per person Four Seasons' new Airbus luxury service is a snip

The National 24 Apr 2019

The previous model, a reconfigured Boeing 757-200ER leased by luxury tour operator TCS World Travel from TAG Aviation, fits 52 passengers in lie-flat seats ... Last month the company received its European Aviation Safety Agency (EASA) Part 145 Maintenance Organization Approval....

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CDB Aviation Closes $525 Million Unsecured Credit Facility

The Record 23 Apr 2019

DUBLIN--(BUSINESS WIRE)--Apr 23, 2019--CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the closing of a $525 million unsecured credit facility, which marks the company’s first such syndicated transaction....

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Contract approved to design NE State aviation program hangar

Kingsport Times-News 23 Apr 2019

BLOUNTVILLE — Airport Authority commissioners on Tuesday approved a contract worth about $200,000 to design new hangar and classroom space to be leased by Northeast State Community College’s aviation maintenance technology program that is developing next-generation aircraft mechanics....

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Government reassures Jet Airways lenders, says slots given to others 'temporary'

The Times of India 23 Apr 2019

“The historic rights of Jet, as per provisions of the extant ministry of civil aviation guidelines for slot allocation, will be protected ... The airline’s pilots union, National Aviators’ Guild (NAG) has told members that plans for wet leasing some planes (where aircraft are taken by others along with operating crew) are being worked out....

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Avianca Brasil cancels 1,045 flights after losing 18 planes

Del Rio News-Herald 23 Apr 2019

RIO DE JANEIRO (AP) — Avianca Brasil canceled more than 1,045 domestic flights this week because it has to return 18 aircraft to leasing agencies. Brazil's National Aviation Agency said the planes needed to be returned Monday to avoid affecting Holy Week holiday passengers....

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Avianca Brasil gives up 18 planes, cancels 1,045 flights

Yahoo Daily News 23 Apr 2019

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Business Briefs

News-Press Now 23 Apr 2019

Avianca Brasil canceled more than 1,045 domestic flights this week because it has to return 18 aircraft to leasing agencies. Brazil’s National Aviation Agency said the planes needed to be returned Monday to avoid affecting Holy Week holiday passengers ... Avianca Brasil filed for bankruptcy in December after failing to pay leases on its aircraft ... ... VIDEO....

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City Winery moving to Pr. 57 in Hudson River Pk.

The Villager 22 Apr 2019

City Winery recently announced that it has signed a 25-year lease with RXR/Young Woo for 32,000 square feet at Pier 57 in Hudson River Park ... 15th St., will be anchored by Google, which has leased 250,000 square feet on the former “Marine and Aviation Pier.” The pier will also feature food and public spaces....

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SpiceJet, Air India may fly 40 Jet Airways planes from next week: report

Yahoo Daily News 21 Apr 2019

A source told the daily that this arrangement will provide gainful employment with pay to some of Jet's staff as the aircraft will be wet-leased. Wet-leasing is a kind of leasing arrangement where an airline provides aircraft, crew, maintenance and insurance to another carrier or business and is paid by the hours operated....

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Jet Airways crisis: Lenders working on non-IBC resolution if stake sale fails to take off

Yahoo Daily News 21 Apr 2019

ALSO READ. Air India Express considers leasing some Boeing 737 aircraft of Jet Airways ... The details of initial bidders are expected to be cleared on May 10 ... ALSO READ ... report ... Air India and SpiceJet have evinced interest in leasing Jet's grounded aircraft. The aviation ministry is also planning to allocate Jet's vacant slots to other airlines ... ALSO READ ... ....