Lessors Skeptical Of Cape Town Treaty In India

Matthew Fulco October 12, 2023
Indigo A320neo

IndiGo A320neo

Credit: Airbus - Master Films - Hervé Goussé
India has belatedly amended its insolvency law to exclude leased aircraft from assets that can be frozen in line with the 2001 Cape Town Convention, which encourages lessors to rent jets to airlines under the condition that they can repossess the aircraft smoothly when carriers default. The catalyst...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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