Tuesday , 22 October 2019
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Tag Archives: repossess

Analysis: Why has Air Costa halted operations?

Air Costa Embraer E170 VT-LNR at Bangalore.

[bsu_note note_color=”#affbcd” text_color=”#070707″ radius=”4″]This analysis is jointly written by (an) external aviation professional(s) and Bangalore Aviation team. The views expressed may not fully reflect those of Bangalore Aviation. The analyst(s) remain anonymous as they are not authorised to place their views publicly.[/bsu_note] Media reports inform that regional carrier AirCosta has halted operations due to a cash crunch. The aircraft lessor …

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Lessors start taking back aircraft from Kingfisher Airlines. New aircraft to join fleet airline says.

A little over a month ago, we opined that Kingfisher’s announced withdrawal from the low cost segment would most likely lead to an enforced fleet reduction at the beleagured carrier. It appears our fears are coming true, The airline announced that lessor AerCap Holdings N.V. of the Netherlands will be taking back possession of two aircraft. In a statement spokespersons …

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