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 ...

Over the past 24 hours Airbus and Boeing have halted support services and the supply of spare parts for their aircraft in Russia. The question now arises of how the country’s airlines will maintain ...

A lessor and chief executive officer of ACIA Aero Leasing, Mick Mooney, has written the Minister of Aviation and Aerospace Development, Festus Keyamo, commending Nigeria for making aircraft recovery ...

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 ...

The Ministry of Civil Aviation has proposed a new law that will help international aircraft leasing companies to reposess and transfer planes out of India incase of a financial dispute with an Indian ...

Proposed norms requiring lessors to clear airline dues before reclaiming planes raise fresh concerns among global leasing firms A group of global aircraft lessors has urged the Indian government to ...

Sage-Popovich, Inc., a global aviation consulting firm and airplane repossession specialist, has agreed to acquire the Togs Aircraft repair station in Michigan. Sage-Popovich, a Valparaiso-based ...

https://www.thehindubusinessline.com/news/ibc-regime-made-air-carriers-pay-12-13-b-extra-lease-rentals-moca/article67389589.ece Copy The government is working to ...