E-PaperLessors News
Lessors to Jet Airways may take back planes
Airline working on its turnaround strategy and updating its partners, in real time, on efforts taken to improve its liquidity: Jet Airways
4 min read12 Jan 2019Air India may renegotiate contracts with key vendors
Air India has set up a task force comprising four teams to put together a strategy before engaging with vendors
1 min read23 Oct 2017Air Costa cancels all flights after trouble with lessors
Regional airline suspends all 24 flights scheduled for Thursday, says operations will restart from Friday
3 min read5 Aug 2016SpiceJet says disputes with aircraft lessors resolved
Low-fare airline SpiceJet Ltd said it has settled all disputes with its aircraft lessors and is taking seven more planes on lease to meet its flight plans for the summer schedule that started on 29 March.
2 Apr 2015SpiceJet says disputes with aircraft lessors resolved
The airline has entered into an in-principle understanding with its five lessors with regard to five aircraft it operates
3 min read2 Apr 2015SpiceJet lessor deal fuels world’s biggest airline stock surge
The 69% climb in SpiceJet shares from a December low leads the Bloomberg Intelligence Global Airlines Competitive Peers index
2 min read23 Mar 2015SpiceJet to explore legal remedies to maintain operations
SpiceJet says flight operations are normal at present even as Delhi HC told DGCA to deregister six of its aircraft
3 min read20 Mar 2015Govt said to back SpiceJet as lessors seek planes
The government needs to put the interest of its carriers before lessors' even if it's a signatory to the Cape Town Convention, says an official
1 min read17 Feb 2015Funding, recapitalization have taken longer than expected: SpiceJet’s Kapoor
SpiceJet COO Sanjiv Kapoor says reviving the airline, winning back customer trust and recapitalization are the three priorities for his firm
5 min read8 Dec 2014Kingfisher default said to raise airline costs
Payment defaults by Kingfisher are prompting aircraft lessors to demand a premium to cover risks in India
4 min read20 Sep 2013Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared