Lower costs: No more GoAir type fiascos for aircraft lessors in India as Parliament passes Bill

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The story "Lower costs: No more GoAir type fiascos for aircraft lessors in India as Parliament passes Bill" was covered 1 days ago by Times of India, a news publisher based in India.

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Times of India 1d ago

Lower costs: No more GoAir type fiascos for aircraft lessors in India as Parliament passes Bill - Times of India

Quick Summary:

India Business News: NEW DELHI: Aircraft lessors will no longer need to fear their assets getting stuck in India for indefinitely long periods of time when an airline here.

India formally adopted this convention in 2008, but gaps in legal enforcement led to higher leasing costs — typically 8% to 10% higher than other nations.

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