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New Delhi: A six-fold increase in the budget for the regional connectivity scheme Udan will boost access to smaller towns and drive demand for smaller aircraft, potentially spurring local manufacturing, civil aviation minister Ram Mohan Naidu told ET. "Major aerospace companies like Embraer and Leonardo are in the process of setting up manufacturing lines in India and through schemes like Udan, the government will take every step to promote and facilitate these initiatives," Naidu said in an int ...Read More >
TrueNoord, a leading regional aircraft leasing specialist, has successfully acquired seven ATR 72-600 aircraft from the German asset management firm, GOAL Aircraft Leasing, acting on behalf of KGAL. This strategic acquisition boosts TrueNoord's fleet to over 100 aircraft and adds three new European lessee airlines to its portfolio, further solidifying its presence across the continent. The full integration of these aircraft was completed last week. The seven ATR 72-600s are currently leased to ...Read More >
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