New Delhi: In a relief to aircraft leasing companies, the civil aviation regulator has deregistered all 54 aircraft of Go First, 364 days after the Wadia-owned airline had filed for bankruptcy, allowing the lessors to repossess their aircraft.
The Delhi High Court had on April 26 directed the Directorate General of Civil Aviation (DGCA) to process the deregistration applications of aircraft leased by the airline within five working days.
