The court has granted access to lessors to their aircraft. The Airports Authority of India (AAI) will communicate with the lessors regarding export of aircraft and airworthiness
The Delhi High Court has issued a show cause notice to the Resolution Professional (RP) of crisis-hit Go Air as to why contempt proceedings be not initiated against him, observing that he was unable.
Low-cost airlines lease 68% of their fleets, higher than the global average of 53%, with IndiGo being the biggest LCC lessee with 951 outstanding aircraft orders.
53% of commercial aircraft globally are leased, with the share higher in Europe and lower in North America, offering airlines fleet flexibility and access to capital.