The government's move to approve a new bill changing India's aircraft leasing rules will reduce leasing costs for airlines, giving priority...

The Union Cabinet has approved a bill to ratify the Cape Town Convention, which will aid in leasing aircraft in India. This move supports o...

The union cabinet approved the Protection and Enforcement of Interests in Aircraft Objects Bill, allowing lessors to repossess aircraft in ...

The government is considering a two-month moratorium rule for the aviation sector to prevent lessors from immediately taking away aircraft ...

Global watchdog group Aviation Working Group (AWG) downgraded India to "negative" from "positive" on Thursday as foreign lessors have not b...

The Ministry of Civil Aviation in India has stated its commitment to reducing the risks faced by aircraft lessors in the country's aviation...

The Indian government has issued a notification exempting aircraft and aircraft engines from the mandatory moratorium placed over assets du...

Under the Cape Town Convention (CTC), lessors can take back the possession of aircraft leased to airlines. Since Go First is undergoing an ...

The move by the Aviation Working Group (AWG), a UK-based entity that monitors leasing and financing laws, comes as bankrupt budget carrier ...

The proposed Bill will give primacy to the Cape Town Convention in case of conflict with any other local law, primarily the Insolvency and ...

The decision by the bankruptcy court will also increase India's risk profile, resulting in lessors charging higher risk premiums from other...

Against the backdrop of insolvency proceedings being initiated against cash-strapped Go First, Boeing India President Salil Gupte said it i...

The move from the Aviation Working Group (AWG), a UK-based entity that monitors leasing and financing laws on behalf of planemakers and les...

The Indian bankruptcy court's decision to allow Go First's voluntary insolvency petition and bar aircraft lessors from repossessing the car...

Go First, formerly known as GoAir, is relieved as the National Company Law Tribunal's (NCLT) ruling prohibits owners or lessors from recove...

The government plans to bring in the Cape Town Convention Act which will help reduce risks related to asset-based financing and leasing tra...

The absence of a policy on repossession of aircraft became a major irritant after Kingfisher Airlines defaulted on lease payments.