AerCap Takes Back Planes From India's Ailing Kingfisher Air
The head of AerCap Holdings NV said Wednesday that it repossessed two planes from India's Kingfisher Airlines Ltd., underscoring the challenges facing aircraft leasing companies after the collapse of as many as a dozen carriers so far this year, Dow Jones DBR Small Cap reported. Kingfisher has grounded planes and is seen by analysts as the next potential casualty of the tough industry environment that has already claimed large carriers such as Hungary's Malev and Spanair in Spain. Read more. (Subscription required.)




