Skerbank and UAC have signed a Memorandum of Intent (MoI) to collaborate on the leasing of the Sukhoi Superjet 100. Find more details below. 27th August 2013 UAC, represented by JSC Sukhoi Civil Aircraft and JSC Sberbank Leasing, are planning to perform joint promotion of Russian aircraft Sukhoi Superjet 100 in Russian and international markets.…
by Vinay Bhaskara and Devesh Agarwal Earlier this week, Mumbai based Jet Airways announced a net post-tax loss of Rs. 355.4 Crore (US $ 59.8 million) for the first quarter of Fiscal Year 2014, reversing from a Rs. 24.7 Crore net profit during the same period a year prior. Total revenues declined a whopping 12.3%…
by Devesh Agarwal Sources within Mumbai based Jet Airways indicate the airline has entered into an agreement with Turkish Airlines to dry-lease three of its Boeing 777-300ER (77W) aircraft for one year. The Indian carrier has a total of ten 77Ws in its fleet. Since 2008, the carrier has found it difficult to effectively utilise…
Late last week, reports emerged that beleaguered Indian national carrier Air India, which is in the midst of a crippling strike by its international pilots union, was in discussions with Canadian airline Air Canada to lease out 5 of Air India’s Boeing 777-200LRs to the Toronto based airline. The news broke as Air India continues…
A few days back Air India released a request for proposal (RFP) for their planned sale and leaseback of seven Boeing 787 aircraft. These are the first seven Dreamliners out of a planned order of 27 aircraft. The deal would also include “one or two spare” GE GEnx engines. Air India is currently requesting a…
Earlier this week, Air India, the beleaguered Indian national carrier, announced that it would be utilizing a sale-leaseback arrangement to evade the divisive lawsuit filed by the Air Transport Association (ATA), a US airline lobby group, over Us $ 3.4 billion worth of financing for the carrier’s order of 27 Boeing 787 and 3 777-300ER…
Turkish Airlines THY took delivery of its first directly purchased 777-300ER from airframe manufacturer Boeing, registration TC-JJE. It is the first of 12 777-300ERs the airline ordered in 2009. Currently the airline operates four 777-300ERs which it leased from India’s Jet Airways in late 2008. Boeing is scheduled to deliver four additional 777-300ERs to Turkish…
Best wishes for a happy and prosperous 2010. India’s Jet Airways is close to finalising a deal with Royal Brunei Airlines (RBA) to lease three Boeing 777-300ERs from Jet Airways. The deal with RBA could see the 777s flying in RBA service as early as February. These 777s are the same which Gulf Air had…
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