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Aviation Top Stories
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 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
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
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