News for 'gecas'

Air Deccan leases two planes from GE

Paramount to pay $5.25 mn to UK firm

Paramount Airways, whose operations have been affected by a dispute over leasing of three aircraft, on Thursday offered to pay $5.25 million within six months to the UK-based lessor in the Supreme Court.

Airlines seek deferral of lease rent by 6 months

Aircraft lease rentals are fixed costs and account for around 15 per cent of an airline's expense and since these are paid in dollars are also subject to currency fluctuations.

Boeing gives Jet Airways a helping hand

'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'