TBM Staff - Mumbai
According to a report in The Financial Express, budget airline SpiceJet will induct 10 Boeing 737 aircraft into its fleet from September. It has entered into a lease agreement for 10 planes, which includes five
TBM Staff - Mumbai
Air India has made pre-delivery payment to US-based aircraft manufacturer Boeing for the 220 planes, Chief Financial Officer Vinod Hejmadi has said. Pre-delivery payments (PDPs) are instalments that an airline has to pay the manufacturer
TBM Staff - Mumbai
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
TBM Staff - Mumbai
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
TBM Staff - Mumbai
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
TBM Staff - Mumbai
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
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