Aviation Working Group puts India on a watchlist, issues warning

The grounding of Go First planes and the airlines filing for bankruptcy has spiralled in a major issue for Indian aviation with a negative outlook circling Indian aviation sector as Aviation Working Group (AWG) has put India on a watchlist. The AWG’s action comes in response to India’s failure to comply with international aircraft repossession norms following Go First being granted bankruptcy protection. “Actions in the Go First insolvency proceedings may affect India’s score, positively or negatively on the Cape Town Convention (CTC) compliance index, depending on whether such actions are compliant with India’s CTC-treaty commitments. This would have a direct