Go First lessors' plea to repossess planes temporarily deferred by DGCA, not rejected

Under the provisions of the Cape Town Convention rules, which establish an international legal framework for aircraft financing and leasing, lessors typically have the right to repossess planes if lessees fail to fulfill their contractual obligations. However, the DGCS clarified that in the case of Go First, the airline's bankruptcy protection status takes precedence over these rules.

With Go First currently under bankruptcy protection, the freezing of the airline's assets is a necessary step to safeguard the interests of all stakeholders during the restructuring process.