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karatecatman


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http://www.business-standard.com/common/storypage.php?leftnm=lmnu2&subLeft=1&autono=96829&tab=r
Govt places curbs on aircraft leasing
 
Bipin Chandran / New Delhi July 01, 2006
 
 
 
Air Sahara, A-I, Indian to be hit. 
 
In a move likely to constrain the flight of several Indian carriers, the government has directed them not to take aircraft on dry lease from international airlines or leasing companies that are part of an airline. 
 
However, no restriction has been placed on wet-leasing, in which an aircraft is leased out with a crew to operate it, and which is only for a short period and specific routes. 
 
The government’s clampdown on dry-leasing of aircraft is designed to prevent any international carrier from exercising control on the operations of a domestic airline. 
 
According to civil aviation ministry sources, the government has sent out a directive to all airlines, and will make it a part of the civil aviation guidelines. 
 
The move is a step towards ensuring that no foreign airline has any direct or indirect holding in an Indian carrier, as intended by the civil aviation policy. In addition, no Indian carrier will be allowed to forge a management contract with a foreign airline. 
 
Several Indian carriers operate aircraft that have been taken on dry lease from international carriers or leasing companies. Air Sahara’s entire fleet is on lease. 
 
Even state-run Air-India and Indian have a substantial part of their fleet on lease, as their aircraft-buying plans were delayed. 
 
As part of the government’s strategy to keep Indian carriers free of the influence of foreign airlines, it has also been stipulated that no Indian airline can raise money from a foreign fund which has an airline as an equity partner. 
 
The guidelines, however, do allow foreign funds without an airline as an equity partner to take up to 26 per cent equity in an Indian carrier. At the same time, a foreign partner can have only a minority say on the board of the airline.
 
 


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the_380


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What a time my 737th post (B737)


Thats nonsense what they hell they have to do in airlines leasing aircrafts...


Firstly they dont purchase any aircrafts for govt carriers and go about leasing them and later they say that there are curbs on leasing...


I feel this is a plot to affect AI/IC's expansion programme remember IC wanted to 'lease' 12 widebodies...


Must have got something to do with affecting govt. carriers im sure



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himmat01


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When everything is sailing smoothly, you can trust the idiots in Civil aviation ministry to come up with such a silly idea.

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the_380


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I have another feeling they will modify the policy to something like u cannot lease more than 10 aircrafts per year or something because even private boys like IT and GoAir and DN other than S2 and 9W i guess even have leased a/c this policy will not affect them but will kill AI/IC




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HAWK21M


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Am I missing something.Where is the Logic.


regds


MEL



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karatecatman


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AI seems to be prepared.


For Haj 2007, they want only wet-leased aircraft!



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the_380


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BTW they will be operating B747s along with A310s or what?

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D-ABTH


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infact wet leasing is more dangerous than dry....... but im sure our idiotic babus dont get the logic.....

in wet lease you rely for the entire flight operation on the foreign airline... since its their crew and equipment... whereas dry lease gives u just the equipment and you do what you have to with it...

but then again.... just like many decisions in the past..... the Civial Aviation Authority just never makes sense sometimes....

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HAWK21M


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DABTH wrote:

infact wet leasing is more dangerous than dry....... but im sure our idiotic babus dont get the logic..... in wet lease you rely for the entire flight operation on the foreign airline... since its their crew and equipment... whereas dry lease gives u just the equipment and you do what you have to with it... but then again.... just like many decisions in the past..... the Civial Aviation Authority just never makes sense sometimes....

Exactly.My Statement.Wheres the Logic


regds


MEL



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the_380


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Dont mention logic if the govt wud have then things wud have been different...


 



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vivekman


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Sorry if I missed it, but when is the lease for the 777s currently with Air India expiring?

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