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Aviation Working Group downgrades India due to Go First crisis

Aviation Working Group downgrades India due to Go First crisis

Aviation Working Group (AWG) has further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands

Aviation
AAI to add 160 parking bays at 27 airports as aircraft orders soar

AAI to add 160 parking bays at 27 airports as aircraft orders soar

The Airports Authority of India (AAI) will add 160 aircraft parking bays at 27 airports in two years to expand air connectivity. The capacity expansion will aid domestic airlines that are adding aircraft to meet

Aviation
Delhi HC issues notice to Go First’s RP & DGCA

Delhi HC issues notice to Go First’s RP & DGCA

The Delhi High Court issued notices to Go First's resolution professional and the Director General of Civil Aviation (DGCA) in response to a plea filed by aircraft lessors BOC Aviation (Ireland) Ltd, ACG Aircraft Leasing

Aviation
IndiGo to set up aircraft leasing unit in Gift city

IndiGo to set up aircraft leasing unit in Gift city

IndiGo is setting up an aircraft leasing subsidiary in Gujarat, following a similar move by Air India Ltd as the country’s two biggest carriers enlarge their fleet. The budget airline, which has a market share

Aviation
Lessor receives NCLAT nod to inspect aircraft leased to Go First

Lessor receives NCLAT nod to inspect aircraft leased to Go First

The National Company Law Appellate Tribunal (NCLAT) yesterday granted permission to Ireland-based lessor Jackson Square Aviation Ltd to inspect its aircraft leased to cash-strapped Go First. This decision follows a similar observation made in the

Aviation
Lessor moves NCLAT to stop Go First from flying aircraft

Lessor moves NCLAT to stop Go First from flying aircraft

Jackson Square Aviation Ireland Ltd, the lessor for the grounded airline Go First, has moved the National Company Law Appellate Tribunal (NCLAT) seeking directions to prevent its parked aircraft from being used for flying by

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