Go First lessors’ request to repossess planes on hold, not rejected: DGCA
India’s aviation watchdog Directorate General of Civil Aviation (DGCA) has reportedly put on hold requests from lessors to repossess planes from cash-strapped airline Go First as the carrier’s bankruptcy process imposes a freeze on assets which supersedes such requests, it said in a court filing.
Go First on Tuesday announced that it has extended the suspension of its operations till June 4.
Aircraft lessors – Pembroke Aircraft Leasing 11 Ltd, SMBC Aviation Capital Ltd, Accipiter Investments Aircraft 2 Ltd and EOS Aviation 12 (Ireland) Ltd – on Friday moved the Delhi High Court seeking to de-register their aircraft currently on lease with the Go First. The lessors said it is illegitimate of DGCA to deny deregistration.
