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Ireland-Based Aircraft Lessors Face Tax Scrutiny from India

Ireland-based aircraft leasing firms, widely favored by Indian airlines for fleet expansion, are now under scrutiny from India’s tax authorities. The investigation stems from concerns that these lessors might be exploiting favorable tax treaties, specifically by structuring their businesses in Ireland to minimize tax liabilities in India. Leasing companies registered in Ireland benefit from the…

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Avion Express Expands Fleet with Leased Airbus A321 Powered by V2533-A5 Engines

Avion Express, a Lithuania-based ACMI (Aircraft, Crew, Maintenance, and Insurance) and charter provider, has bolstered its fleet with the recent addition of an Airbus A321, serial number 2653, LY-NVH, leased and powered by V2533-A5 engines. This acquisition aligns with Avion Express’s commitment to expanding its service offerings across Europe and meeting the rising demand for…