#aircraft-leasing

[ follow ]
fromSun Sentinel
5 days ago

Spirit in line for cash infusion as airline cuts deals to resolve aircraft leasing disputes

But now, according to a motion and an affidavit filed in U.S. Bankruptcy Court in New York, Spirit management and AerCap have resolved their disagreements and placed the airline on a clearer path toward restructuring its finances and slimming down its fleet. As part of the deal, AerCap would deliver an unspecified cash infusion to Spirit. The amount of cash involved is unknown as the figure is blacked out in the court filings, which are heavily redacted for competitive reasons.
Business
Canada news
fromwww.cbc.ca
2 months ago

Flair Airlines failed to make rent payments before planes seized, leasing companies allege | CBC News

Flair Airlines faces a $30.9 million countersuit from leasing companies over alleged unpaid rent and aircraft seizures.
London startup
fromwww.theguardian.com
3 months ago

Aircraft leasing firms win multibillion-dollar lawsuit over planes lost' in Russia

Aircraft leasing companies succeeded in a major lawsuit against insurers for losses related to planes stranded in Russia.
The ruling clarifies liability under war risk insurance for aircraft lost due to government actions.
[ Load more ]