Travelers at many U.S. airports in recent days may have noticed clusters of Spirit Airlines’ bright yellow airplanes parked ...
Irish aircraft lessors have taken the first steps towards repossessing aircraft that they have leased to troubled Indian airline Jet Airways. Several Irish businesses that buy aircraft and rent them ...
In yet another relief for low-cost carrier Go First, the National Company Law Appellate Tribunal (NCLAT) dismissed a plea by lessors seeking repossession of their aircraft on Monday. An NCLAT bench of ...
Kingfisher owes money to the state-run AAI, Delhi International Airport (Pvt.) Ltd, Mumbai International Airport Pvt. Ltd, and three oil-marketing companies. Photo:Mint(Mint) Mumbai: Kingfisher ...
The Indian government’s recent move to protect aircraft lessors when an airline is under insolvency could prevent an estimated loss of $ 1.2 to 1.3 billion that Indian airlines were at the risk of ...
New Delhi: The Centre is committed to keeping the confidence of aircraft lessors in the Indian aviation market intact by reducing their risks, the ministry of civil aviation said on Friday, as global ...
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