Alerts & Updates 22nd Apr 2025
This alert provides a detailed analysis of India’s legal and regulatory reforms aimed at protecting the interests of aircraft lessors, financiers, and charge holders. With aviation sector expanding rapidly and leasing becoming the dominant mode of aircraft acquisition, the implementation of the Cape Town Convention and its Aircraft Protocol is a landmark development. This article explains how the Convention is given effect through domestic legislation and DGCA rules, outlines the procedural steps for creating and enforcing international interests in aircraft, and discusses the remedies available to creditors. The article will be particularly useful for lenders, lessors, insurers, and corporate legal departments engaged in cross-border aircraft leasing and financing transactions.
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