The enactment of the Protection of Interests in Aircraft Objects Act, 2025 (CTC Act) marks a notable milestone in the aviation and financing landscape. By giving effect to the Cape Town Convention along with the Aircraft Protocol, the legislation aspires to cement the rights of aircraft lessors, financiers and creditors, while addressing concerns around repossession and insolvency delays. The reforms attempt to boost investor confidence, reduce leasing risks and align India’s aviation industry with global standards.
To read the full article and insights shared by Ajay Kumar, Partner, Hetram Bishnoi, Principal Associate and Anchal Nanda, Senior Associate as published in Chambers & Partners, please click this link: https://practiceguides.chambers.com/practice-guides/aviation-finance-leasing-2025/india/trends-and-developments
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