GoFirst Fiasco: Aviation Working Group-AWG downgrades India again as lessors fail to get back planes from the carrier
Global watchdog group Aviation Working Group (AWG) downgraded India to
Source: moneylife.in
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AWG downgrades India again as lessors fail to get back planes from Go First
Global watchdog group Aviation Working Group (AWG) downgraded India to "negative" from "positive" on Thursday as foreign lessors have not been able to get back their aircraft from Wadia group's grounded airline Go First, ...
Source: prokerala.com
GoFirst may lose its planes and engines - Times of India
India Business News: GoFirst, the bankrupt airline formerly known as GoAir, may no longer be protected under the asset protection provided by the Insolvency and Bankruptcy
Source: indiatimes.com
SpiceJet faces new bankruptcy code rider in case vs aircraft lessors
The National Company Law Tribunal (NCLT) on Tuesday told low-cost airline SpiceJet and its aircraft lessors, Aircastle and Wilmington, to study the impact of the government's notification, issued last week, removing aviation lease agreements ...
Source: prokerala.com
Aviation Working Group ups India's score on global index after bankruptcy code tweak
Global watchdog Aviation Working Group (AWG) has issued a positive watchlist notice in their CTC compliance index with a projected increase in India's score, which comes as a positive step towards ease of leasing/financing aircraft equipment to ...
Source: prokerala.com