June 11, 2023
Home Posts tagged lessors
Aviation Top Stories

Go First seeks direction from NCLT on leased aircraft

By 1259
Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal (NCLT), including restraining lessors from taking back aircraft and regulator DGCA from taking any adverse action against the airline. The Wadia group-owned airline, which has liabilities worth INR 11,463 crore, has sought voluntary insolvency resolution proceedings and the Continue Reading
Top Stories

New India Assurance launches ‘New India Unmanned Aircraft System Insurance’

By 265
New India Assurance has launched ‘New India Unmanned Aircraft System (UAS/UAV/RPAS/Drone) Insurance’. The New India Unmanned Aircraft System Insurance will cover large aircraft to solo flying gliders. Coverage will be offered to drone owners, operators and manufacturers. The product provides a diverse option of over 15 different add-on covers for customers to pick and Continue Reading
Aviation Ministry Top Stories

MoCA proposes law to enable lessors to repossess aircraft during dispute

By 1105
The Ministry of Civil Aviation (MoCA) has proposed a new law that will help international aircraft leasing companies to reposess and transfer planes out of India in case of a financial dispute with an Indian airline at a time many regional airlines have been refused planes on rent, reports The Hindu. The Ministry has sought […]Continue Reading

Post Gallery

Archives

Categories

NEWSLETTER

Travelbiz Monitor Subscribe
TravelBiz Monitor Online News Logo Footer

Saffron Synergies Pvt Ltd is an independent media company Headquartered in Mumbai and Branches across INDIA.

Email Us: contact@travelbizmonitor.com

Download Magazine
x Logo: Shield Security
This Site Is Protected By
Shield Security →