Credit: Punit Paranjpe/AFP/Getty
The Indian government has ruled that aircraft and engine leases should not be included in frozen assets under India’s bankruptcy laws, a decision apparently prompted by a dispute between Go First and its lessors. In a notification published Oct. 3, India’s Ministry of Corporate Affairs states that...
Subscription Required
India Clarifies Lessors' Rights To Repossess Aircraft is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.