UPDATE: Jet Airways grounds 25 leased aircraft, others leave fleet
Struggling Indian carrier Jet Airways has confirmed it has grounded at least 25 leased aircraft in February and March due to non-payment to lessors. The troubled carrier has effectively shrunk its operational fleet by around 35% since the start of the year.
Azul boss wants “fast” Avianca Brazil deal as lessors seek to reclaim aircraft
Azul’s acquisition of Avianca Brazil’s aircraft leases and airport slots needs to be closed “fast” in the next 60 days if the struggling Avianca spin-off wants “business". more
ISTAT: CDB Aviation chief argues this is the “beginning of the downturn”
A panel of leasing CEOs from GECAS, SMBC Aviation Capital, CDB Aviation and Air Lease Corporation debate whether the aviation finance industry is entering a downturn. more