Delhi High Court allows lessor reclaim of Aircraft – India’s Top Travel News Source: TravelBiz Monitor ...Middle East

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Delhi High Court allows lessor reclaim of Aircraft – India’s Top Travel News Source: TravelBiz Monitor
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  The Delhi High Court dealt a final blow to any hopes of a revival for Go First by ordering the aviation regulator to deregister all 54 aircraft leased by the bankrupt airline, effectively grounding the 20-year-old low-cost carrier indefinitely. Justice Tara Vitasta Ganju of the Delhi High Court directed the Directorate General of Civil Aviation to expedite the lessors’ deregistration applications within five working days. Additionally, the court instructed the DGCA and the Airport Authority of India to facilitate the lessors’ access to airports for the retrieval of their aircraft. Mukesh Chand, senior counsel at Economic Laws Practice, noted the significant implications of the court’s de

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