India's aviation regulator DGCA has said that changes to Indian laws excluding leased aircraft from assets that can be frozen during airlin...

The Delhi High Court has ordered Go First's Resolution Professional (RP) to provide essential documents of the aircraft to the lessors with...

Go First, the grounded Indian airline, may face further obstacles in its revival as aircraft lessors demand certain records pertaining to m...

DAE Capital has raised concerns about the maintenance of planes leased to Go First in an Indian court. DAE submitted pictures showing corro...

An 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 Airlines (India), recently rebranded as Go First and the country's fourth-largest carrier, will learn its fate on Wednesday in a bankrup...

People aware of the development said Carlyle will take an equity stake of around 5% in the company. SpiceJet will also issue Convertible De...

Most of the planes are still flying Russian domestic routes, IBA consultancy says, although Bermuda and Ireland - where most are registered...

If a foreign lessor terminates the agreement, a special government commission is to decide whether the aircraft can be returned or rule tha...

Under a new provision under Aircraft Rules, 1937, the lessor upon cancellation of registration of an aircraft can approach the government f...

Last month, the civil aviation ministry had called a meeting of aircraft lessors as part of efforts to ensure availability of aircraft to i...

Currently, any aircraft that is being brought to India has to be first registered with the DGCA. The rule has been seen as a hurdle in taki...

The Civil Aviation Ministry has proposed amendments to the Aircraft Act, 1937, in order to make it more easier for aircraft lessors to carr...

The proposal, once implemented, would bring cheer to aircraft lessors by reducing the compliance requirements as well as make the process e...

Exemption from this rule will make it easier for the lessor to take back the aircraft in case of a dispute with the airline operating the a...

Aircraft leasing companies and financers have started adopting a cautious approach towards carriers, with threatening to pull out of India.

Aircraft leasing firms wishing to repossess their planes from Kingfisher are paying AAI about a crore for flying each plane out of India.