Cape Town Convention: Its Significance amidst the Go First Crisis

The insolvency resolution proceedings initiated by Go First Airline have raised concerns among aircraft lessors who are unable to reclaim the leased planes. These proceedings legally prevent lessors from repossessing the aircraft. The bankruptcy court’s decision will also increase India’s risk profile, leading to higher risk premiums charged by lessors to other local airlines. Consequently,

The training center of Akasa Air undergoes expansion to accommodate growth

Akasa Air, a rapidly growing airline, has announced the expansion of its training and development center. The airline has expanded its training and development center, located in Gurugram, India, as part of the Akasa Air Learning Academy (AALA), which will actively train over 700 aviation professionals, which include pilots, cabin crew, engineers, and airport services

UK group to invest USD 100 million in SpiceJet’s subsidiary SpiceXpress

SpiceJet’s subsidiary, SpiceXpress, and Logistics will receive a USD 100 million investment from a UK-based group. This investment comes at a crucial time for SpiceJet, as it faces financial challenges and an insolvency plea from an aircraft lessor. Recently, the main airline separated SpiceXpress to focus on its logistics operations. SpiceXpress In addition, SpiceJet announced

Wadia Group suggests AWG’s warning to India aimed at influencing NCLAT prior to the hearing

A spokesperson from the Wadia Group, owner of Go First airline, criticized AWG’s recent issuance of a “watch list notice” as displaying double standards. The spokesperson suggested that AWG should focus on ensuring its members adhere to international arbitration awards instead of issuing threatening notices to India and using the Cape Town Convention (CTC) to

DGCA Fines Air India Rs 30 Lakh for Dubai-Delhi Cockpit Incident

The Directorate General of Civil Aviation (DGCA), the aviation regulator, issued a fine of Rs 30 lakh due to shortcomings in addressing a “safety-sensitive issue” related to an incident on a Dubai-Delhi flight on February 27. During the flight, a pilot allowed a female friend to enter the cockpit. Additionally, the regulatory authority has suspended
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