Monday, 14 October 2024

Aircraft Leasing in India Issues

 Aircraft leasing in India is growing daily, but we also face challenges. According to Ashwin Naidu, Managing Director, Boeing, India continues to be the fastest-growing commercial aviation market. He said there is a rapid expansion in infrastructure, spending capacity, and growth within the airline industry.

Issues faced are:

  1. Recovery in the aviation sector: A recurring issue is the repossession of assets during insolvency issues.

  2. Aircraft financing is seen as another pain point.

The privatisation and expansion of Air India showcased transformative shifts and portrayed a favourable light within the global aviation landscape.

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