Lessors seek to take back possession of Go First planes

Lessors, including GY Aviation Lease, SMBC Aviation Capital, and Pembroke Aircraft Leasing, have applied to India’s Directorate General of Civil Aviation to de-register at least 20 Airbus SE jets operated by Go Airlines India, increasing complexities for the troubled airline. The lessors’ move could result in increased lease rates for local carriers, and court cases.

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