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Aviation Working Group downgrades India’s status to negative with Go First’s insolvency

Aviation Working Group downgrades India’s status to negative with Go First’s insolvency

In a noteworthy development, the global aviation watchdog, Aviation Working Group (AWG), has downgraded India's status from "positive" to "negative." This downgrade comes in the wake of the ongoing insolvency struggles faced by Go First,

Ministry
MoCA keen on reducing risks & maintaining confidence of aircraft lessors

MoCA keen on reducing risks & maintaining confidence of aircraft lessors

The Ministry of Civil Aviation in India (MoCA) has expressed its commitment to maintaining the confidence of aircraft lessors in the Indian aviation market by reducing their risks. This commitment comes in response to changes

Top Stories
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

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