[ad_1] Earlier this week, the National Company Law Tribunal (NCLT) extended the moratorium period on Go First’s dues and leased aircraft by another 60 days giving the grounded airline a…
[ad_1] While this would give the grounded airline more time to stage a revival, it could further delay the return of aircraft to its lessors, who have pleaded for this…
[ad_1] The Insolvency and Bankruptcy Code can’t resolve airline bankruptcies, according to RK Bansal, CEO and managing director of asset reconstruction company Edelweiss ARG. Speaking during a panel discussion titled…
[ad_1] The days of revenge travel and pent-up demand driving air traffic in India seem to be over. Data from Indian civil aviation regulator Directorate General of Civil Aviation (DGCA)…
[ad_1] New Delhi: Regulator Directorate General of Civil Aviation (DGCA) has told the Delhi high court that it regards the corporate affairs ministry’s changes regarding the recovery of leased aircraft…
[ad_1] New Delhi: The government is committed to reducing the risks faced by aircraft lessors and maintaining their confidence in the Indian aviation market, the ministry of civil aviation said…
[ad_1] New Delhi: Indian airlines have welcomed the latest change made by the ministry of corporate affairs (MCA) in the Insolvency and Bankruptcy Code (IBC) allowing aircraft lessors to recover…
[ad_1] New Delhi: The ministry of corporate affairs (MCA) on Wednesday notified that some provisions of the Insolvency and Bankruptcy Code (IBC) would not apply to aircraft, engines and related…
