Air India Aircraft Leasing
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CBI Closes Probe In Air India Aircraft Leasing Case Over Lack Of Evidence
The CBI has filed a closure report in its probe into the alleged irregularities in the leasing of aircraft by NACIL, a company formed by the merger of Air India and Indian Airlines during the UPA era, as there was no "evidence of any wrongdoing," off
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Air India Acquires First A350 Aircraft Through Finance Lease Transaction
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.
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"Will Have No Consequence": Go First On Termination Of Aircraft Leases
Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday said.
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Air India To Lease 12 More Aircraft, To Be Inducted In 2023
Air India on Monday said it is leasing six wide-body Boeing B777 aircraft to expand its existing fleet.
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Tata's Air India Goes Plane Shopping For "Historic Order"
Tata Group-owned Air India is in talks with Boeing and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft, the airline's chief executive said on Saturday.
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Air India Leases Fleet Of Airbus Planes From China Development Bank Aviation
Air India has leased a fleet of six Airbus A320 neo aircraft from CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co Limited.
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Air India Gets Reprieve In UK Court Over Aircraft Lease Payments
Air India has got some reprieve from a UK court as it allowed India's flag carrier time until early January to make payments in a case of unpaid dues of over USD 17.6 million, with the judge accepting the "broad thrust" of the airline's financial difficulties, especially due to the grounding of flights during the COVID-19 lockdown.
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Air Asia India Drops Plan To Lease Jet Airways' Grounded B737 Aircraft: Report
The Bengaluru-headquartered Air Asia India also showed initial interest and applied to Directorate General of Civil Aviation (DGCA) for regulatory approval.
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Air India Won't Take Boeing 777s From Jet Airways
A few weeks back, Air India had shown keen interest to take 5 wide-body Boeing 777 aircraft of Jet Airways on dry/wet lease
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"It Was Really Smooth": Singapore Defence Minister Flies India's Tejas Fighter
India's indigenous light combat aircraft, the Tejas, which is being inducted into the Air Force - has a new brand ambassador. Ng Eng Hen, the defence minister of the island nation of Singapore, flew in the rear cockpit of the plane from the Kalaikunda airbase in West Bengal.
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CBI To Probe Air India-Indian Airlines Merger, Other Congress-Era Deals
The Central Bureau of Investigation or CBI will probe the controversial merger of Air India and Indian Airlines, besides alleged irregularities in purchase and lease of aircraft by the two state-run carriers under the Congress-led UPA coalition government which it said has caused "huge" losses to the taxpayer.
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Air India Subsidiary Signs ATR Aircraft Lease Agreement With Dubai Aerospace
The long-term lease agreements were signed with Alliance Air and the aircraft will be delivered this year, Dubai Aerospace Enterprise said in a statement.
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Air India To Phase Out Remaining Airbus Classic A320 Aircraft
In order to facilitate replacement of its old fleet, the national carrier has already commenced induction of A320 Neo (new engine option) planes, 14 of which are being procured on lease this year.
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Air Costa Stops Operations; Air Pegasus Unlikely To Resume From Wednesday
Facing financial issues with the lessors, Air Costa has decided to ground its two leased aircraft, Embraer E190, which can seat over 100 passengers. The airline has only these two planes in its fleet.
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Air India Mulls Leasing Dorniers To Boost Regional Services
Flag carrier Air India is mulling leasing ten Dornier aircraft from Hindustan Aeronautics Ltd to boost its regional operations as the government looks to make flying more affordable under the ambitious UDAN scheme.
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CBI Closes Probe In Air India Aircraft Leasing Case Over Lack Of Evidence
The CBI has filed a closure report in its probe into the alleged irregularities in the leasing of aircraft by NACIL, a company formed by the merger of Air India and Indian Airlines during the UPA era, as there was no "evidence of any wrongdoing," off
-
Air India Acquires First A350 Aircraft Through Finance Lease Transaction
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.
-
"Will Have No Consequence": Go First On Termination Of Aircraft Leases
Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday said.
-
Air India To Lease 12 More Aircraft, To Be Inducted In 2023
Air India on Monday said it is leasing six wide-body Boeing B777 aircraft to expand its existing fleet.
-
Tata's Air India Goes Plane Shopping For "Historic Order"
Tata Group-owned Air India is in talks with Boeing and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft, the airline's chief executive said on Saturday.
-
Air India Leases Fleet Of Airbus Planes From China Development Bank Aviation
Air India has leased a fleet of six Airbus A320 neo aircraft from CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co Limited.
-
Air India Gets Reprieve In UK Court Over Aircraft Lease Payments
Air India has got some reprieve from a UK court as it allowed India's flag carrier time until early January to make payments in a case of unpaid dues of over USD 17.6 million, with the judge accepting the "broad thrust" of the airline's financial difficulties, especially due to the grounding of flights during the COVID-19 lockdown.
-
Air Asia India Drops Plan To Lease Jet Airways' Grounded B737 Aircraft: Report
The Bengaluru-headquartered Air Asia India also showed initial interest and applied to Directorate General of Civil Aviation (DGCA) for regulatory approval.
-
Air India Won't Take Boeing 777s From Jet Airways
A few weeks back, Air India had shown keen interest to take 5 wide-body Boeing 777 aircraft of Jet Airways on dry/wet lease
-
"It Was Really Smooth": Singapore Defence Minister Flies India's Tejas Fighter
India's indigenous light combat aircraft, the Tejas, which is being inducted into the Air Force - has a new brand ambassador. Ng Eng Hen, the defence minister of the island nation of Singapore, flew in the rear cockpit of the plane from the Kalaikunda airbase in West Bengal.
-
CBI To Probe Air India-Indian Airlines Merger, Other Congress-Era Deals
The Central Bureau of Investigation or CBI will probe the controversial merger of Air India and Indian Airlines, besides alleged irregularities in purchase and lease of aircraft by the two state-run carriers under the Congress-led UPA coalition government which it said has caused "huge" losses to the taxpayer.
-
Air India Subsidiary Signs ATR Aircraft Lease Agreement With Dubai Aerospace
The long-term lease agreements were signed with Alliance Air and the aircraft will be delivered this year, Dubai Aerospace Enterprise said in a statement.
-
Air India To Phase Out Remaining Airbus Classic A320 Aircraft
In order to facilitate replacement of its old fleet, the national carrier has already commenced induction of A320 Neo (new engine option) planes, 14 of which are being procured on lease this year.
-
Air Costa Stops Operations; Air Pegasus Unlikely To Resume From Wednesday
Facing financial issues with the lessors, Air Costa has decided to ground its two leased aircraft, Embraer E190, which can seat over 100 passengers. The airline has only these two planes in its fleet.
-
Air India Mulls Leasing Dorniers To Boost Regional Services
Flag carrier Air India is mulling leasing ten Dornier aircraft from Hindustan Aeronautics Ltd to boost its regional operations as the government looks to make flying more affordable under the ambitious UDAN scheme.
