India working to resolve discrepancy between global aircraft leasing rules, national laws

A resolution could help lessors to Go First airline reclaim their planes and fly them out of the country after the carrier filed for bankruptcy protection in May, a move that resulted in a freeze on all its assets including the jets.

India is working to resolve discrepancies between global aircraft leasing rules and its national bankruptcy laws, the country's aviation secretary told Reuters on Monday on the sidelines of the Paris Airshow.

A resolution could help lessors to Go First airline reclaim their planes and fly them out of the country after the carrier filed for bankruptcy protection in May, a move that resulted in a freeze on all its assets including the jets.

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Business News › Industry › Transportation › Airlines / Aviation › India working to resolve discrepancy between global aircraft leasing rules, national laws
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