The Cape Town Convention is an international treaty. It aims to standardise the rules for the financing and leasing of aircraft. The convention enhances legal certainty for creditors. It facilitates access to credit for aircraft operators. This treaty is significant for global aviation. It promotes economic growth and investment in the sector. Many countries have adopted its principles.
The recent failures of Jet Airways and Go First highlight important issues within India's Insolvency and Bankruptcy Code (IBC). These cases reveal the complexities involved in airline insolvencies....
