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GoAir aircraft repossession fiasco: Global leasing body downgrades India to ‘negative’
Credit: IndiaTimes- Published on December 7, 2023
Small, financially weak and startup Indian airlines could now find it costlier to lease aircraft — which in turn could mean higher airfares and negatively impact connectivity. Global leasing watchdog Aviation Working Group (AWG) has downgraded India to “negative” from “positive” following lessors’ inability to...