Aviation leasing body cuts India's rating amid Go First dispute
This is the second time that AWG has cut India's rating and kept the country on a watch list with a negative outlook.
This is the second time that AWG has cut India's rating and kept the country on a watch list with a negative outlook.
Lessors have sought de-registration of 44 aircraft operated by Go First.
Bank of Baroda recorded the highest-ever quarterly and annual profit of ₹4,775 cr for Jan-March 2023 quarter and ₹14,110 cr in FY23
Lawyers representing cash-strapped Go First told the tribunal to urgently pass an order on its plea.
Lessors' move to take back possession of aircraft operated by Go First may jeopardise the Wadia group's plans to revive the airline.