India Clarifies Lessors' Rights To Repossess Aircraft

go first jets
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...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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