Air India Aircraft Leasing
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CBI Closes Probe In Air India Aircraft Leasing Case Over Lack Of Evidence
The CBI has filed a closure report in its probe into the alleged irregularities in the leasing of aircraft by NACIL, a company formed by the merger of Air India and Indian Airlines during the UPA era, as there was no "evidence of any wrongdoing," off
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Air India Acquires First A350 Aircraft Through Finance Lease Transaction
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.
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"Will Have No Consequence": Go First On Termination Of Aircraft Leases
Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday said.
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Tata's Air India Goes Plane Shopping For "Historic Order"
Tata Group-owned Air India is in talks with Boeing and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft, the airline's chief executive said on Saturday.
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Air India Gets Reprieve In UK Court Over Aircraft Lease Payments
Air India has got some reprieve from a UK court as it allowed India's flag carrier time until early January to make payments in a case of unpaid dues of over USD 17.6 million, with the judge accepting the "broad thrust" of the airline's financial difficulties, especially due to the grounding of flights during the COVID-19 lockdown.
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"It Was Really Smooth": Singapore Defence Minister Flies India's Tejas Fighter
India's indigenous light combat aircraft, the Tejas, which is being inducted into the Air Force - has a new brand ambassador. Ng Eng Hen, the defence minister of the island nation of Singapore, flew in the rear cockpit of the plane from the Kalaikunda airbase in West Bengal.
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CBI To Probe Air India-Indian Airlines Merger, Other Congress-Era Deals
The Central Bureau of Investigation or CBI will probe the controversial merger of Air India and Indian Airlines, besides alleged irregularities in purchase and lease of aircraft by the two state-run carriers under the Congress-led UPA coalition government which it said has caused "huge" losses to the taxpayer.
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Air India Mulls Leasing Dorniers To Boost Regional Services
Flag carrier Air India is mulling leasing ten Dornier aircraft from Hindustan Aeronautics Ltd to boost its regional operations as the government looks to make flying more affordable under the ambitious UDAN scheme.
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Air India Mops Up Rs 7,000 Crore Through Aircraft Sale
Air India has mopped up Rs 7,000 crore by selling nine of its 21 Dreamliner planes to a Singaporean lessor, which it has taken back on lease from the company under an SLB arrangement.
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Air India to resume Dreamliner flights next week, replace 19 planes
Air India on Tuesday decided to resume next week domestic operations of the Dreamliner aircraft, grounded for four months due to a battery problem, and replace 19 aged Airbus A-320s with new leased ones.
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CAG report slams Air India expansion
The report of the Comptroller and Auditor General (CAG) on Air India, tabled in Parliament today, takes the Civil Aviation Ministry to task on its expansion plans. The government's auditor has said crores were wasted in the purchase and leasing of aircraft and that was the basic reason that the national carrier is in a financially crippled state.
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CBI Closes Probe In Air India Aircraft Leasing Case Over Lack Of Evidence
The CBI has filed a closure report in its probe into the alleged irregularities in the leasing of aircraft by NACIL, a company formed by the merger of Air India and Indian Airlines during the UPA era, as there was no "evidence of any wrongdoing," off
-
Air India Acquires First A350 Aircraft Through Finance Lease Transaction
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.
-
"Will Have No Consequence": Go First On Termination Of Aircraft Leases
Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday said.
-
Tata's Air India Goes Plane Shopping For "Historic Order"
Tata Group-owned Air India is in talks with Boeing and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft, the airline's chief executive said on Saturday.
-
Air India Gets Reprieve In UK Court Over Aircraft Lease Payments
Air India has got some reprieve from a UK court as it allowed India's flag carrier time until early January to make payments in a case of unpaid dues of over USD 17.6 million, with the judge accepting the "broad thrust" of the airline's financial difficulties, especially due to the grounding of flights during the COVID-19 lockdown.
-
"It Was Really Smooth": Singapore Defence Minister Flies India's Tejas Fighter
India's indigenous light combat aircraft, the Tejas, which is being inducted into the Air Force - has a new brand ambassador. Ng Eng Hen, the defence minister of the island nation of Singapore, flew in the rear cockpit of the plane from the Kalaikunda airbase in West Bengal.
-
CBI To Probe Air India-Indian Airlines Merger, Other Congress-Era Deals
The Central Bureau of Investigation or CBI will probe the controversial merger of Air India and Indian Airlines, besides alleged irregularities in purchase and lease of aircraft by the two state-run carriers under the Congress-led UPA coalition government which it said has caused "huge" losses to the taxpayer.
-
Air India Mulls Leasing Dorniers To Boost Regional Services
Flag carrier Air India is mulling leasing ten Dornier aircraft from Hindustan Aeronautics Ltd to boost its regional operations as the government looks to make flying more affordable under the ambitious UDAN scheme.
-
Air India Mops Up Rs 7,000 Crore Through Aircraft Sale
Air India has mopped up Rs 7,000 crore by selling nine of its 21 Dreamliner planes to a Singaporean lessor, which it has taken back on lease from the company under an SLB arrangement.
-
Air India to resume Dreamliner flights next week, replace 19 planes
Air India on Tuesday decided to resume next week domestic operations of the Dreamliner aircraft, grounded for four months due to a battery problem, and replace 19 aged Airbus A-320s with new leased ones.
-
CAG report slams Air India expansion
The report of the Comptroller and Auditor General (CAG) on Air India, tabled in Parliament today, takes the Civil Aviation Ministry to task on its expansion plans. The government's auditor has said crores were wasted in the purchase and leasing of aircraft and that was the basic reason that the national carrier is in a financially crippled state.
