SpiceJet Granted Extended Deadline for Engine Lease Payments Amid Legal Challenges
SpiceJet, the Indian low-cost carrier based in Delhi, has been given an additional deadline until May 22 to settle a… Read More »
Dubai Aerospace Enterprise to Receive Half of Promised Boeing Planes This Year
Dubai Aerospace Enterprise (DAE) Capital is set to receive approximately half of the aircraft originally promised by Boeing for delivery… Read More »
UK High Court to Hear $10 Billion Aircraft Lessors’ Claims Against Reinsurers Over Grounded Russian Planes
The UK High Court has established its authority to preside over a $10 billion dispute involving aircraft lessors and several… Read More »
Go First Insolvency Saga: Bidders’ Offers Fall Short, Lessors Seek Court Action
The insolvency proceedings of Go First, grounded since May 2023, have hit a snag as bids from two competing parties… Read More »
Alliance Air Set to Receive $140 Million from New Delhi for FY 2024-2025
Alliance Air, a key player in India’s regional aviation sector, is poised for a significant financial boost with a proposed… Read More »
Aircastle Secures $43 Million Settlement from Russian Airlines Amidst Global Lease Disputes
In a notable development within the aviation leasing industry, Aircastle has announced a settlement agreement with two Russian airlines, amounting… Read More »
India’s Newest Airline Fly91 Gears Up for Launch with First ATR72-600 Aircraft
Fly91, an emerging player in the Indian aviation sector, has marked a significant milestone by taking delivery of its first… Read More »
Turkish Airlines Expands Fleet with Addition of Ten Boeing 737-8s Through Lease Agreement
Turkish Airlines has recently announced a strategic move to enhance its fleet. The airline has entered into a dry-lease agreement… Read More »