Lessors in suspense as Avianca Brazil nears deadline
Lessors involved in Ocean Linhas Aereas S/A (Avianca Brazil) are sitting out a controversial stay on repossessions in disquiet as a February 1 deadline nears for the crippled Latin American carrier.
Germania bankruptcy: What’s next for lessors?
A new conundrum emerged in the aircraft leasing market last week: Germania. The Berlin-based leisure airline filed for bankruptcy on February 4 after 32 years in operation. more
Lawyering up: Lessors appeal Avianca Brazil's latest extension
Aircraft lessors exposed to Avianca Brazil have appealed a controversial 73-day extension to a stay on aircraft repossessions granted by a court in Sao Paulo on February 1. more
Jet Airways denies repossession rumours as it negotiates equity lifeline
Investors should get confirmation this week whether troubled Indian carrier Jet Airways, which denied earlier aircraft repossession reports, has agreed to an equity lifeline from its two largest backers. more