{"id":578861,"date":"2023-05-23T12:31:22","date_gmt":"2023-05-23T07:01:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=578861"},"modified":"2023-05-23T13:30:06","modified_gmt":"2023-05-23T08:00:06","slug":"in-relief-for-go-first-tribunal-rules-lessors-cant-take-possession-of-planes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/in-relief-for-go-first-tribunal-rules-lessors-cant-take-possession-of-planes\/","title":{"rendered":"In relief for Go First, tribunal rules lessors can&#8217;t take possession of planes"},"content":{"rendered":"<p>An Indian appeals tribunal on Monday upheld the insolvency proceedings against cash-strapped airline Go First in a setback to efforts of its lessors to repossess their aircraft.<\/p>\n<p>At least three leasing companies, including GY Aviation Lease and SMBC Aviation Capital, had challenged a tribunal ruling granting Go Airlines (India), widely known as Go First, bankruptcy protection earlier this month.<\/p>\n<p>The airline has blamed its financial woes on problems with engines from Raytheon-owned Pratt &amp; Whitney, which it said had led to the grounding of nearly half its fleet of Airbus A320 neos. The U.S. engine maker has said the claims are &#8220;without merit&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Indian appeals tribunal on Monday upheld the insolvency proceedings against cash-strapped airline Go First in a setback to efforts of its lessors to repossess their aircraft. At least three leasing companies, including GY Aviation Lease and SMBC Aviation Capital, had challenged a tribunal ruling granting Go Airlines (India), widely known as Go First, bankruptcy protection earlier this month. The airline has blamed its financial woes on problems with engines from Raytheon-owned Pratt &amp; Whitney, which it said had led to the grounding of nearly half its fleet of Airbus A320 neos. The U.S. engine maker has said the claims [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[184,141,130],"tags":[],"class_list":["post-578861","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=578861"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578861\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=578861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=578861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=578861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}