In a move which would reduce the cost of acquiring new aircraft for Indian carriers, the Indian government plans to sign the Cape Town Convention, an international treaty designed to facilitate asset-based financing and leasing aircraft.
Ratifying the convention would help Indian carriers save over $200 million in aircraft acquisition costs in the short term and over $1 billion in
the long term.Ratifying the convention would help Indian carriers save over $200 million in aircraft acquisition costs in the short term and over $1 billion in
iv_arti_inline_advt">
