Morning Tidings

Tag: Avenue

  • Monitor Lizard Spotted Strolling During Cyclone Yaas, Video Claiming to be from Bangur Avenue in Kolkata Goes Viral

    Monitor Lizard Spotted Strolling During Cyclone Yaas, Video Claiming to be from Bangur Avenue in Kolkata Goes Viral

    Cyclone Yaas is wreaking havoc in parts of Kolkatta, and the rising river water levels due to the landfall has inundated large parts of Bengal’s coastal districts. However, for the citizens of Bangur Avenue,  the rising water levels are not the only issue they have to contend with at the moment. A video alleging a Monitor Lizard was seen wading the waters in the region is making rounds on social media.

    https://www.youtube.com/watch?v=zfl1qRCAoj4

    The video was uploaded on Youtube by Satah News. Watch a video from a 7-Eleven store in Thailand of a monitor lizard climbing over items.

    In 2015, the Monitor Lizard was spotted at the La Martiniere School campus in Kolkatta and created quite a stir among the students. These reptiles are known to consume human carcasses.

    (The above story first appeared on Morning Tidings on May 26, 2021 05:43 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • US Avenue to purchase bankroll Spice Jet plane

    US Avenue to purchase bankroll Spice Jet plane

    Low-cost carrier SpiceJet on Wednesday announced a memorandum of understanding (MoU) with the US-based Avenue Capital Group to finance, buy and sell and lease 50 new aircraft.

    The MoU set the next steps and conditions on which Avenue, as part of a strategic alliance with SpiceJet, will help keep SpiceJet’s new aircraft portfolio, including sales and leasebacks, and potentially own up to 50 of them. Includes the notion of. Aircraft, ”the airline said in a statement.

    In a sale and leaseback model, an airline acquires the aircraft at an attractive price and sells it at a lower price and takes it back for its own use.

    SpiceJet CMD Ajay Singh said, “This alliance will ensure uninterrupted inclusion of aircraft in our fleet and will help in better planning for the long term”.

    The airline has an agreement with aerospace firm Boeing for a total of 205 aircraft, including a firm order for 155 Boeing 7,000 Max. The airline has a fleet of 100 aircraft, including the grounded Boeing 737 Max 8, 737 NG (Next Generation) and Bombardier Q-400.

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  • US Avenue to purchase bankroll Spice Jet plane

    US Avenue to purchase bankroll Spice Jet plane

    Low-cost carrier SpiceJet on Wednesday announced a memorandum of understanding (MoU) with the US-based Avenue Capital Group to finance, buy and sell and lease 50 new aircraft.

    The MoU set the next steps and conditions on which Avenue, as part of a strategic alliance with SpiceJet, will help keep SpiceJet’s new aircraft portfolio, including sales and leasebacks, and potentially own up to 50 of them. Includes the notion of. Aircraft, ”the airline said in a statement.

    In a sale and leaseback model, an airline acquires the aircraft at an attractive price and sells it at a lower price and takes it back for its own use.

    SpiceJet CMD Ajay Singh said, “This alliance will ensure uninterrupted inclusion of aircraft in our fleet and will help in better planning for the long term”.

    The airline has an agreement with aerospace firm Boeing for a total of 205 aircraft, including a firm order for 155 Boeing 7,000 Max. The airline has a fleet of 100 aircraft, including the grounded Boeing 737 Max 8, 737 NG (Next Generation) and Bombardier Q-400.

    .

  • US Avenue to purchase bankroll Spice Jet plane

    SpiceJet has tied up with Avenue Capital for the sale and lease-back of 50 new aircraft

    Budget carrier SpiceJet said on March 31 that it had signed a preliminary agreement with New York-based global investment firm Avenue Capital Group to finance, acquire and sell and lease-back 50 new aircraft ordered by the airline.

    The Memorandum of Understanding, signed between the two partners, sets the next steps and conditions on which Avenue will hold SpiceJet’s new aircraft portfolio and return for sale and lease, as well as the presumption of ownership of up to 50 of these aircraft. Will help with The company said in a statement.

    Founded in 1995 by Mark Larry, the multinational company is a leader in distressed lending, in addition to specializing in aircraft leasing.

    SpiceJet said the company has identified new aircraft ordered by the airline as a unique investment opportunity.

    “We are delighted to enter into this strategic alliance with Avenue Capital Group and we look forward to working closely with them. This alliance will ensure uninterrupted inclusion of aircraft in our fleet and help in better planning for the long term, ”said Ajay Singh, Chairman and Managing Director of SpiceJet.

    However, the airline did not name the type of aircraft it wanted to acquire.

    Gurugram-based SpiceJet currently operates a Boeing 737, Bombardier Q-400 and freight fleet.

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