India notified final Cape Town Convention rules on January 30, a move meant to help global aircraft lessors recover planes if airlines enter insolvency, as seen in the Go First case. While the update strengthens enforcement pathways to reclaim grounded aircraft, uncertainty remains around how fully the legal framework will protect lessors in practice.
More than a month after India passed a bill meant to make aircraft repossession easier when airlines default, global aircraft lessors remain unconvinced. A powerful international lobby is pushing for further fine-tuning, arguing the changes still don’t address lingering concerns tied to the Go First collapse and how quickly assets can be recovered.
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