Insolvency in Indian aviation: what does India’s new Cape Town Convention bill mean for recovery and re-possession of leased aircrafts?

Leasing of aircrafts is a prevalent market practice in the aviation industry, and all existing airline operators in India have currently leased a significant number of aircrafts in their fleet. In fact, a sizeable debt in the books of these operators is in connection with such leasehold arrangements.

Filed under:
India, Aviation, Insolvency & Restructuring, Litigation, Khaitan & Co
Authors:
Ashwin Bishnoi , Charu Chitwan , Amrit Mahal
Location:
India
Firm:
Khaitan & Co