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Vman Aviation files bank fraud FIR against FlyBig under EOW thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Indian Aircraft Lessor Taps General Aviation ainonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ainonline.com Daily Mail and Mail on Sunday newspapers.
By Cirium2021-03-02T02:52:00+00:00 Indian carriers have found leasing aircraft to be more convenient than financing them by other means, a former chairman of flag carrier Air India has told an industry conference. “Financing of aircraft, the airlines have found the lease financing to be the most suitable option,” said Pradeep Singh Kharola, secretary at the ministry of civil aviation, on 26 February. “Leasing is an efficient means to fulfil short-term capacity requirements without burning the balance sheet of the airlines.” Source: Boeing Kharola, who was speaking at the Indian Aircraft Leasing Summit, added that from about 700 at present, the total number of aircraft in India was set to increase to about 1,200 in the next few years. These will include freighter aircraft, of which six were added to Indian carriers’ fleets last year to make a total of 25 in the country today. ....
Updated Mar 01, 2021 | 16:43 IST A majority of lessors are based in Ireland due to its attractive tax policy. In recent years Chinese companies too have increased their share in aircraft leasing IndiGo, BOC Aviation sign purchase-leaseback agreements for eight A320neo planes New Delhi: BOC Aviation Limited has signed sale-and-leaseback pacts with InterGlobe Aviation Ltd-operated IndiGo for eight new Airbus A320neo aircraft. We are delighted to partner once again with IndiGo, India’s largest passenger airline, as we continue to support our airline customers to finance their aircraft deliveries, said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. ....
SBI may enter aircraft leasing business, looking for partners timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.