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Lease – Bangalore Aviation

Tag Archives: Lease

Vistara to add four Jet Boeing 737s to fleet. Two additional A320s to join later.

Vistara's first Airbus A320neo VT-TNB on its maiden commercial flight.

Vistara (Tata SIA Airlines Ltd)., will lease four Boeing 737-800 NG aircraft from the erstwhile Jet Airways fleet. These aircraft will join Vistara in the next week. Additionally, the airline announced they will lease two Airbus A320neo (A320-251N), which are powered by CFM LEAP 1A engines, during the second half of 2019. We suspect these aircraft are coming from the …

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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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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 seeking $500 million bridge loan for four 787 Dreamliners

National carrier Air India has floated a tender seeking bridge loans of up to $500 million as financing for taking delivery of four Boeing 787-8 Dreamliners numbers 15 through 18 of the carrier’s 27 aircraft order. The carrier has arranged financing for the first 14 Dreamliners in its fleet. It is scheduled to receive its 15th Dreamliner in May 2014, …

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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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Jet Airways Q1 FY2013~14 performance analysis – part 1 – Financials

by Vinay Bhaskara and Devesh Agarwal Earlier this week, Mumbai based Jet Airways announced a net post-tax loss of Rs. 355.4 Crore (US $ 59.8 million) for the first quarter of Fiscal Year 2014, reversing from a Rs. 24.7 Crore net profit during the same period a year prior. Total revenues declined a whopping 12.3% to Rs. 4, 064.4 Crore …

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Jet Airways to lease three Boeing 777-300ERs to Turkish Airlines

by Devesh Agarwal Sources within Mumbai based Jet Airways indicate the airline has entered into an agreement with Turkish Airlines to dry-lease three of its Boeing 777-300ER (77W) aircraft for one year. The Indian carrier has a total of ten 77Ws in its fleet. Since 2008, the carrier has found it difficult to effectively utilise these highly popular aircraft. It …

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Air Canada in talks to lease 5 Air India Boeing 777-200LRs… Huh?

Late last week, reports emerged that beleaguered Indian national carrier Air India, which is in the midst of a crippling strike by its international pilots union, was in discussions with Canadian airline Air Canada to lease out 5 of Air India’s Boeing 777-200LRs to the Toronto based airline. The news broke as Air India continues to operate less than half …

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Air India’s flawed sales and lease-back strategy for its 787 Dreamliners

Air India Boeing 787-8 Dreamliner line number 35 test registered N1015 (later became VT-ANH) at the India Aviation show, Hyderabad March 2012. Photo copyright Devesh Agarwal.

A few days back Air India released a request for proposal (RFP) for their planned sale and leaseback of seven Boeing 787 aircraft. These are the first seven Dreamliners out of a planned order of 27 aircraft. The deal would also include “one or two spare” GE GEnx engines. Air India is currently requesting a 12 year lease deal from …

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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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Royal Brunei Airlines to lease Jet Airways Boeing 777-300ERs by February

Best wishes for a happy and prosperous 2010. India’s Jet Airways is close to finalising a deal with Royal Brunei Airlines (RBA) to lease three Boeing 777-300ERs from Jet Airways. The deal with RBA could see the 777s flying in RBA service as early as February. These 777s are the same which Gulf Air had leased for a short period …

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