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Aviation
Go First seeks direction from NCLT on leased aircraft

Go First seeks direction from NCLT on leased aircraft

Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal (NCLT), including restraining lessors from taking back aircraft and regulator DGCA from taking any adverse action against the airline. The Wadia

Aviation
India can provide $100 bn financing opportunity in aircraft leasing space: Report

India can provide $100 bn financing opportunity in aircraft leasing space: Report

India, which is one of the largest aviation markets in the world, has an opportunity for providing financing up to $100 billion in the aircraft leasing segment in the next 20 years, an advisory firm

Aviation
Indian carriers planning to order around 1,200 aircraft: CAPA

Indian carriers planning to order around 1,200 aircraft: CAPA

After Air India’s historic order of 840 planes to Airbus and Boeing, other Indian carriers are planning to order close to 1,200 more aircraft in over 24 months, reports ANI. According to the Centre for

Aviation
Govt allows airlines to wet lease aircraft for a year

Govt allows airlines to wet lease aircraft for a year

In a move that could boost affordable direct connectivity between India and distant continents, the government has conditionally relaxed the rule of allowing Indian carriers to wet lease aircraft (hire with entire operating crew) for

Aviation
India’s aircraft fleet size expected to double in 5 yrs: Aviation Minister

India’s aircraft fleet size expected to double in 5 yrs: Aviation Minister

India's aviation sector is expanding rapidly and the overall fleet size is expected to almost double in the next five years, said Union Aviation Minister Jyotiraditya Scindia, reports ANI. Speaking at industry body Assocham's CEOs

Aviation
SpiceJet settles litigation with lessor and its affiliates for Boeing aircraft

SpiceJet settles litigation with lessor and its affiliates for Boeing aircraft

Low-cost carrier SpiceJet Ltd said on Tuesday it has entered into a settlement agreement with aircraft lessor Goshawk Aviation Ltd and its affiliates related to three Boeing aircraft, reports Reuters. The airline said that the

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