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.
Full-service airline Tata-SIA, submitted its application for the grant of Air Operator's Permit (AOP or flying license) in April.
The court order could put SpiceJet's revival plan under stress.
India's newest airline-Vistara is bullish on growth prospects.
Airline officials said the operational launch may be held in the later part of October.
Demand for the earlier variant 737NG planes is also expected to pick up due to the grounding of MAX planes.
Interestingly, the full service carrier's launch coincides with the concluding day of the the Pravasi Bharatiya Divas celebrations scheduled to be held in Gujarat's capital city Gandhinagar, near Ahmedabad, from January 7 to January 9.
The first Airbus A-320 aircraft of Tata-SIA joint venture Vistara airline, painted with its logo and livery, landed at the IGI Airport in New Delhi on Wednesday, taking the carrier a step closer to its launch.
BBAM seeks $100 million, return of 6 Boeing 737s.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
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