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2 mins read

SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial Aviation

The representatives of both parties informed a bench of NCLT last week that settlement terms had be…

ANI   


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2 mins read

HC allows Go First lessors to inspect aircraft, carry out maintenance

The Delhi High Court has allowed Go First's lessors to inspect their aircraft twice a month to carr…

PTI   


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1 min read

Go First insolvency: NCLAT to pass order on aircraft lessors' petitions on May 22

The bench also asked the parties to submit additional documents, if any, in the next 48 hours. …

PTI   


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6 mins read

Go First's insolvency flight leaves trail of concerns for aircraft lessors

At least 50 leasing companies have requested the return of leased planes from two Indian airlines i…

PTI   


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DGCA required to deregister aircrafts, Go First lessors tell Delhi HC

New Delhi, Several aircraft lessors of Go First pitched before the Delhi High Court on Friday for d…

PTI   


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3 mins read

Russian airlines may soon resort to 'cannibalizing' planes and creating a 'Frankenstein fleet' to keep Western-built planes flying

Experts say Russia's airlines may have to take extreme measures to keep planes in the air as the co…

Taylor Rains   


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Aircraft lessors could lose hundreds of planes stranded in Russia

Lessors have until March 28 to get their planes out of Russia, but an estimated $10.3 billion worth…

Taylor Rains   


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National Company Law Appellate Tribunal to hear Go First lessors' plea today

NCLAT on Friday deferred the matter pertaining to Go First lessors' petition seeking a stay on a ba…

ANI   


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Go First seeks NCLT directions to restrain lessors, regulator from taking any action

Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal, i…

PTI   


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1 min read

Aircraft leasing company with 34 jets being held hostage by Putin takes $1.6 billion hit

SMBC Aviation Capital said it was unlikely to get back 34 aircraft in Russia when Putin invaded Ukr…

Ryan Hogg   


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2 mins read

An aircraft-leasing company says it will write off $800 million worth of jets stuck in Russia amid sanctions

"It is unlikely that the company will regain possession of the aircraft that have not been returned…

Zahra Tayeb   


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European air safety group warns unidentified source is disrupting GPS systems near Russia and Ukraine

The European Union Aviation Safety Agency said navigation is being disrupted around the Black Sea, …

Jake Epstein,Taylor Rains   


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1 min read

Russia is seizing Western-built airliners while sanctions block parts, maintenance, and support

The jets will be added to the country's aircraft register and be deployed on domestic routes, but W…

Taylor Rains   


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2 mins read

Korean Air said it canceled flights to Moscow because it can't refuel its planes there

Korean Air, which is not barred from Russian airspace, was forced to cancel its weekly passenger se…

Taylor Rains   


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The world's largest aircraft leasing company has filed a $3.5 billion insurance claim over aircraft and engines stuck in Russia

The firm has managed to retrieve 22 of the 135 planes leased in Russia but over 100 jets remain.

Urooba Jamal   


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Air India gets reprieve in UK court over aircraft lease payments

Judge Simon Salzedo, however, issued a strong rebuke to Air India for its "unsatisfactory and d…

PTI   


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Russia's biggest cargo airline suspends all Boeing flights amid sanctions that cut off the supply of most aircraft and parts

Volga-Dnepr Group announced on Friday that it had suspended operations of AirbridgeCargo and Atran,…

Sam Tabahriti   


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IndiGo shares rally over 9% after the company decides to lease back 12 of its aircrafts

The company also confirmed to Business Insider that "We are in discussion for sale and lease bac…

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Spicejet expects to resolve settlement disputes with lessors shortly

Budget carrier SpiceJetBSE -0.92 % today said it is negotiating with its aircraft lessors, who have…

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A Kansas man pleaded guilty to selling plane parts to Russia. Here's how Russian airlines have struggled with sanctions.

Cyril Gregory Buyanovsky admitted to doing business with the FSB and other sales to Russia as its …

Pete Syme