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Parliament passes Protection of Interests in Aircraft Objects Bill

Summary by The Hindu

Replying to the discussion on the bill, Civil Aviation Minister K Rammohan Naidu said the bill will help improve the cost efficiency for airlines as well as in faster expansion of their fleets through leasing of aircraft.

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Parliament passes Protection of Interests in Aircraft Objects Bill

2 days ago·India

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Parliament Passes Protection of Interests in Aircraft Objects Bill

Get latest articles and stories on India at LatestLY. Parliament on Thursday approved the Protection of Interests in Aircraft Objects Bill, 2025 that will help boost the aircraft leasing industry in India, which is one of the world's fastest growing civil aviation markets. India News | Parliament Passes Protection of Interests in Aircraft Objects Bill.

2 days ago

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India to (finally) fully implement Cape Town, Spirit issues private EETC

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1 day ago

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Mathrubhumi

India's new Aircraft Objects Bill is a MASSIVE reform; Here's why

The Lok Sabha passed the landmark Aircraft Objects Bill 2024 significantly opens up India's aviation sector to international aircraft leasing companies ...

1 day ago·Kerala, India

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travelbizmonitor.com

India passes landmark bill to protect aircraft lessors’ rights - TravelBiz Monitor: India travel news, travel trends, tourism

In a major boost to global aircraft leasing firms, India’s Parliament has passed the Protection of Interests in Aircraft Objects Bill, paving the way for the country to fully implement the Cape Town Convention and Protocol — a global treaty that safeguards the rights of aircraft lessors. The legislation, approved on Thursday, aims to streamline the repossession of aircraft and engines when airlines default on payments. It comes in the wake of th…

1 day ago

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