Tag: purchase

Air India agrees to buy 250 planes from Airbus

Air India has agreed to purchase 250 aircraft from Airbus, marking a significant move for the airline and the aircraft manufacturer. The deal, which was announced in a joint statement by Air India and Airbus, includes a mix of narrow and wide-body aircraft, and is valued at approximately $25 bill...

Project Sapphire: An Opportunity To Purchase The Business And Assets Of A UK Wide Airport GSE Company

Project Sapphire: An Opportunity To Purchase The Business And Assets Of A UK Wide Airport GSE Company

Overview The Company was established in 2006 and currently employs 28 members of staff The Company has five key divisions: Manufacturing of specialist equipment including aircraft de-icer heaters and remote signage De-icer hire and sales Ground support services (‘GSE’) Gla...

Norwegian to purchase 50 Boeing 737 MAX 8 aircraft

Norwegian Air Shuttle ASA has reached an agreement in principle with Boeing for a recommitment to purchase 50 Boeing 737 MAX 8 aircraft. The agreement also includes options for an additional 30 aircraft. The 50 aircraft are due to be delivered between 2025 and 2028, at a schedule closely corre...

Tata Group takes over Air India

Tata Group takes over Air India

The Tata Group today announced the completion of the transaction for the purchase of Air India from the Government of India. The Tata group takes over management and control of the airline, starting today. The transaction covers three entities – Air India, Air India Express, and AI SATS.  A...

KKR and AV AirFinance agree to purchase CIT Aviation lendingportfolio

CIT Group Inc. today announced it is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50 loans for approximately 60 commercial aircraft. The loa...

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