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ACG AIRCRAFT LEASING
Stocks in news: SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, RILStocks in news: Domestic markets rose by nearly one and a half percent on Friday, driven by global trends. Key stocks in focus include Spic...
Boeing orders rebound in July thanks to Farnborough AirshowBoeing saw an improvement in orders in July after facing quality control issues earlier in the year. The company received 72 new orders, in...
HC directs DGCA to forthwith process applications of Go First's lessors' to deregister aircraftThe Delhi High Court on Friday directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by sev...
HC issues show-cause notice to Go First resolution professional on non-maintenance of aircraftThe high court said the RP (Resolution Professional) cannot plead difficulties in the implementation of the October 12, 2023, judgment afte...
Go First lenders to challenge move that could let lessors reclaim planesGo First's lenders plan to challenge the DGCA's interpretation of bankruptcy law changes that could allow lessors to reclaim planes. The DG...
Go First lessors can take back planes, engines: DGCA to Delhi HCA Ministry of Corporate Affairs’ October 3 notification exempted all transactions and agreements related to aircraft, their engines, and he...
Delhi HC seeks govt's response on Go First lessor's plea for deregistration of aircraftACG Aircraft Leasing Ireland, a lessor of Go First airlines, has petitioned the Delhi High Court seeking deregistration of its leased aircr...
Delhi HC permits Go First lessors to engage security personnel to protect aircraft engines, partsThe interim applications were filed by the lessors in the main petitions seeking deregistration of their planes by aviation regulator DGCA ...
Delhi HC directs Go First to provide lessors with essential documents within 14 daysThe Delhi High Court has ordered Go First's Resolution Professional (RP) to provide essential documents of the aircraft to the lessors with...
Go First says airline's revival could be derailed by lessors' demandsGo First, the grounded Indian airline, may face further obstacles in its revival as aircraft lessors demand certain records pertaining to m...
Dubai Aerospace flags corrosion in plane leased to India's bankrupt Go FirstDAE Capital has raised concerns about the maintenance of planes leased to Go First in an Indian court. DAE submitted pictures showing corro...
Go First lessor seeks replacement of parts 'robbed' from grounded planes in IndiaAn Ireland-based lessor wants cash-strapped airline Go First to replace "robbed" parts from its leased jets and allow it to appoint round t...
Go First can't fly lessors' aircraft as of now: Delhi High CourtThe Delhi High Court Thursday said scheduled maintenance cannot be understood to include flying of aircraft and restrained crisis-hit Go Fi...
Go First case: HC issues notice to lessors, RP & DGCAAircraft lessors of Go First had opposed lenders being made a party in their deregistration pleas, saying they are neither proper nor neces...
Delhi HC permits cash-strapped Go First to carry out maintenance of leased aircraftThe DGCA counsel had earlier said under the applicable framework, only Go First was authorised to look after the day-to-day maintenance of ...
Go-First resolution professional challenges before HC permission to lessors to maintain aircraftsWhile granting interim relief, the single judge had asked the Directorate General of Civil Aviation (DGCA) to permit the lessors, their emp...
Delhi HC allows Go First lessors to access aircraft for inspection, carry out maintenanceAn Indian court on Wednesday allowed leasing companies to access aircraft leased to Go First for inspection and maintenance, though they we...
Go First's lessors' plea for plane deregistration shown as 'rejected' due to DGCA portal glitchOn May 10, the National Company Law Tribunal (NCLT) had admitted the airline's voluntary insolvency resolution petition and appointed Abhil...
View: It’s bankruptcy that needs a rescue in IndiaThe 2016 insolvency law was crafted when the country was just starting to tackle what would eventually rank among the worst piles of bad lo...
Go First lessors queue up to stitch deals with Air India, Vistara & IndiGoGo Airlines has filed a petition with the National Company Law Tribunal (NCLT) for voluntary insolvency. The court is expected to pass an o...