Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Lessors unable to seize Kingfisher’s jets

06 August 2012

Indian Airport Authority refuses to allow the aircraft to leave the country.

Read more: Kingfisher Airlines Indian Airport Authority

The Airport Authority of India (AAI) has refused to give permission for lessors to repossess around half a dozen aircraft from Kingfisher Airlines, as penalty for unpaid lease rates.

The AAI...


Latest Deals Database Updates

Avolon / 06-13 / Aircraft Sec. Loan / 1x737 14/06/2013
Borrower AVOLON
Overall Arrangers Natixis
Assets 737-800
malaysia Airlines / 06-13 / JOL / 2x737 11/06/2013
Borrower Malaysia Airlines
Overall Arrangers
Assets 737-800
Volaris / 06-13 / IPO / - 11/06/2013
Borrower Volaris
Amount $m400
Use of Proceeds General corporate purposes

Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


Upcoming Events