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Tag Archives: Lease

SpiceJet to lease 16 additional 737-800’s

Spicejet Boeing 737-800 VT-SPL "Cardamom"

SpiceJet has announced that it will dry lease 16 additional Boeing 737-800s. The airline has applied to the Directorate General of Civil Aviation for a No Objection Certificate to import the aircraft. The airline has not identified the source of the lease. SpiceJet currently has 13 737 MAX 8s grounded and has indicated that the recent troubles of Jet Airways …

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Eithad Group and Lufthansa Group agree on leasing and code-share pact

Line up of Lufthansa aircraft at the Terminal 2 satellite. Munich Airport Image.

Etihad Airways and Lufthansa German Airlines have agreed to codeshare flights and lease aircraft. Codeshare is where one airline puts its flight code on a flight operated by the other. Lufthansa will place its ‘LH’ airline code on the twice daily flights operated by Etihad Airways (code ‘EY’) between Abu Dhabi and Frankfurt and the twice daily flights between Abu …

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Air India Regional inducts first ATR72-600 into fleet

Air India Regional Alliance Air first ATR72-600 VT-AII. ATR image.

Air India’s regional subsidiary company Airline Allied Services Ltd. (AASL) which operates the brand “Alliance Air” has inducted the first of five new ATR72-600 turbo-props in to its fleet. The aircraft registered VT-AII, is leased from Singapore-based aircraft lessor Avation. The livery is painted “Air India Regional”. The right side of the aircraft which is painted in English can be …

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Etihad Airways plans global flights using leased Jet Airways’ aircraft

Airline Route reports that Abu Dhabi based Etihad Airways is planning to deploy wide body A330-200s and Boeing 777-300ERs it has leased from India’s Jet Airways on flights around the world in the Winter 2014 schedule which commences from October 26th. Etihad holds a 24% share in Jet. Etihad plans to deploys Jet’s A330-200s on: Abu Dhabi – Johannesburg as …

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Jet Airways trims losses 39% ups revenue 17% on Etihad lifeline; to discontinue JetKonnect

India’s largest private airline, Jet Airways, trimmed its losses by almost 39% to Rs.217 crore (approx. US$ 36.17 million at an exchange rate of Rs.60=$1), in the first quarter of fiscal 2014~2015 which ended on June 30, 2014, when compared to the same period a year ago. Much of this performance increase is due to the financial and operational lifeline …

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Qatar Airways chief praises PM Narendra Modi hopes to grow India services

An unusually cheerful Akbar Al Baker, CEO, Qatar Airways with Ray Connor, President, Boeing Commercial Aircraft at 100 777-9X order signing. Farnborough air show 2014.

Signs historic order for 108 Boeing 777-9X and 777F worth $40 billion Qatar Airways’ chief executive officer Akbar Al Bakar was full of praise for Indian Prime Minister Narendra Modi at an order announcement ceremony at the Farnborough International Air Show 2014. Critical of UPA-2 government Speaking to Bangalore Aviation when asked about his airline’s growth plans for India considering …

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Air India Express to lease eight Boeing 737-800s

Air India Express, the low cost arm of beleaguered Indian national carrier Air India, is looking to lease eight new Boeing 737-800 aircraft for a period of between eight and twelve years. According to a tender released by the airline, Air India Express is looking to dry lease eight Boeing 737-800 aircraft equipped with winglets for an initial period of …

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Jet Airways to lease three A330-200s to Turkish Airlines

In a December 12th filing with the Borsa Istanbul stock exchange (BIST), national carrier Turkish Airlines has said it will lease three Airbus A330-200 aircraft from India’s Jet Airways for a period of six years. The financial details of the proposed lease were not made available. The middle-eastern giant will lease another five A330s from Dutch lessor AerCap for a …

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Sberbank and UAC build up operating leasing of Sukhoi Superjet 100 aircraft at MAKS air show

Skerbank and UAC have signed a Memorandum of Intent (MoI) to collaborate on the leasing of the Sukhoi Superjet 100. Find more details below. 27th August 2013 UAC, represented by JSC Sukhoi Civil Aircraft and JSC Sberbank Leasing, are planning to perform joint promotion of Russian aircraft Sukhoi Superjet 100 in Russian and international markets. The respective Memorandum of Intent …

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Air India fleet plan calls for sale-leaseback of 787

Earlier this week, Air India, the beleaguered Indian national carrier, announced that it would be utilizing a sale-leaseback arrangement to evade the divisive lawsuit filed by the Air Transport Association (ATA), a US airline lobby group, over Us $ 3.4 billion worth of financing for the carrier’s order of 27 Boeing 787 and 3 777-300ER widebody jets. The lawsuit from …

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Turkish Airlines takes delivery of its first new Boeing 777-300ERs, prepares to return leased planes to Jet

Turkish Airlines THY took delivery of its first directly purchased 777-300ER from airframe manufacturer Boeing, registration TC-JJE. It is the first of 12 777-300ERs the airline ordered in 2009. Currently the airline operates four 777-300ERs which it leased from India’s Jet Airways in late 2008. Boeing is scheduled to deliver four additional 777-300ERs to Turkish Airlines by the end of …

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