The Free Press Journal

Facing obstacles in exporting planes leased to KF Air: ILFC

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Internatio­nal Lease Finance Corp (ILFC) has said it is facing "bureaucrat­ic and regulatory obstacles" in exporting the remaining three aircrafts that were leased to now grounded Kingfisher Airlines. US-headquarte­red ILFC is a leading player in the leasing and re-marketing of aircraft to commercial carriers. Vijay Mallya-led Kingfisher Airlines, which ceased operations late last year, had six leased aircrafts from ILFC at that time. Later, the American firm got all of them de-registered and exported three aircrafts. However, it is facing hurdles in taking the remaining three out of India.

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