Fiji Airlines chief exec hits out at lease agreements 

The continuing impact of COVID 19 on passenger demand and consequent requests for rent deferrals is starting to reach conflict with the chief executive of Fiji Airlines likening agreements on unused aircraft to, “sitting in a noose”. Although lessors have been very understanding, with many offering lessees 3-6 months lease deferrals, those airlines are returning to the lessors for more forbearance and some are starting to if not deny further relief but to make it less favourable to the airline client. After ten years of uninterrupted growth in the aviation industry, for many this will be their first experience of a downturn