India’s Go First airline gains bankruptcy protection, lessors’ woes deepen
Reuters was the first to announce that a tribunal had granted bankruptcy protection to India's fourth largest airline, Go First, which increases the likelihood of its revival but is a setback for lessors. This ruling was highly anticipated by leasing companies in Europe and other parts of the world, as it prevents them from reclaiming their Airbus A320neo planes from Go First due to a legal moratorium, thus initiating a long period of court proceedings.0
