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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. Domestic......

Boeing lease rates like to rise over MAX grounding

Demand for the earlier variant 737NG planes is also expected to pick up due to the grounding of MAX planes. The grounding of Boeing 737 MAX jets across the world in the wake of the crash of an......

Vistara keen to expand fleet, add international routes

Phee Teik Yeoh, CEO of Vistara airlines, answers a question during an open media session in New Delhi. Photograph: Adnan Abidi/Reuters India's newest airline, Vistara, plans to expand its fleet......

One-third of SpiceJet Boeings off its roster

Delhi High Court has told the aviation regulator to deregister six of SpiceJet’s  Boeing 737 planes The Delhi High Court on Thursday ordered the Directorate General of Civil Aviation to......

SpiceJet's revival faces lessor turbulence

Babcock and Brown had ended lease agreements in December, when SpiceJet was trying to reduce its fleet. Irish aircraft lessor Babcock and Brown Aircraft Management has sought the return of six......

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