July 2018: This report provides a detailed, independent assessment of the state of aircraft financing in India. It will be released in several parts and will include: a comprehensive overview of incumbent airline operators with a focus on their fleet and network strategies, and financial performance; an evaluation of aircraft orders and the financing models that will be implemented, including the prospects for sale-and-leaseback transactions; a review of global trends with respect to capital markets, bank credit and the changing lessor landscape, and their potential impact on Indian carriers; and an assessment of specific Indian regulatory and taxation issues.