Chorus Aviation leases five Bombardier aircraft to SpiceJet

Chorus Aviation Capital (CAC) has entered into agreements to deliver five new Bombardier Q400 aircraft to SpiceJet of India under a sale and leaseback transaction. CAC has delivered two aircraft and anticipates delivering all aircraft by the end of June 2019. “We are excited to welcome SpiceJet as a new lessee. India is one of the fastest-growing air passenger markets in the world, and SpiceJet is well positioned to capitalise on that growth.  This is an excellent start for Chorus Aviation Capital in this critically-important market,” said Steve Ridolfi, president of Chorus Aviation Capital. Ajay Singh, chairman and managing director,