13 Feb 2017
Global Aircraft Leasing Newsletter 13 February
Aviation Capital Group and Jetstar Pacific Sign Sale and Lease-Back Agreement for 10 New Airbus A320-200 Aircraft
Aviation Capital Group Corp announced 10 February it has signed a sale and lease-back agreement with Jetstar Pacific for 10 new Airbus A320-200 aircraft. The first two aircraft are expected to be delivered in June 2017 and the remaining eight in the last two quarters of 2017.
Air India looks at leasing more aircraft to add tailwind to frequency
Air India will look at leasing around 34 aircraft to mount more flights on international destinations and increase frequency in domestic routes reports Business Standard. It is looking at both narrow- and wide-body aircraft for this. Among narrow-body aircraft, the airline will lease 29 Airbus A320 while phasing out 14 from its fleet. The airline is also looking at leasing five Boeing 777s.
Bombardier plans to double its fleet size in India over the next few years
Bombardier plans to double its fleet size in India over the next few years, an executive said on the sidelines of an aviation conference in Mumbai. The Indian government has tweaked rules for repossession of aircraft, which is making plane lessors more comfortable and could bring in more investors to India.
9th international conference Aircraft Finance and Lease Russia & CIS in Moscow
The 9th international conference Aircraft Finance and Lease Russia & CIS will take place on April, 26 2017 in Moscow. In 2016 more than 180 representatives of Russian & CIS airlines and airports as well as of leading international and domestic lessors, banks, OEMs took part in the conference.
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