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Go First's fate hangs in balance as lenders weigh in on liquidation

Go First's fate hangs in balance as lenders weigh in on liquidation
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Go First Lessors Can Take Back Planes, Engines: DGCA to HC

The Directorate General of Civil Aviation (DGCA) told the Delhi High Court Thursday that Go Firsts leased aircraft and engines can be preregistered and returned to lessors, severely denting the bankrupt airlines revival prospects. ....

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Aviation Working Group ups India's score on global index after bankruptcy code tweak

Global watchdog Aviation Working Group (AWG) has issued a positive watchlist notice in their CTC compliance index with a projected increase in India's score, which comes as a positive step towards ease of leasing/financing aircraft equipment to . ....

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Indian govt tweaks bankruptcy code IBC to ease recovery of leased planes

The Ministry of Corporate Affairs has issued a notification to scrap a key provision of the Insolvency and Bankruptcy Code (IBC) in the case of aircraft, and aircraft engines which will make it easier for lessors to recover their planes in case an airline goes bankrupt. ....

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Govt tweaks bankruptcy code to ease recovery of leased planes

The Ministry of Corporate Affairs has issued a notification to scrap a key provision of the Insolvency and Bankruptcy Code (IBC) in the case of aircraft, and aircraft engines which will make it easier for lessors to recover their planes in case . ....

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