समाचार में क्यों
- The Civil Aviation Minister chaired the first meeting of the High-Level Committee on Aircraft Leasing and Financing.
मुख्य शब्द
Aircraft Leasing
Commercial arrangement allowing airlines to operate aircraft without purchasing them outright.
Context and Institutional Framework
- Aims to develop a robust and globally competitive aircraft leasing and financing ecosystem in India.
- Builds on previous legislative steps including the Protection of Interests in Aircraft Objects Act enacted for Cape Town Convention ratification.
Key Deliberations
- Explored mechanisms for greater bank credit allocation to the aviation sector.
- Identified joint ventures for technical and skill development in aircraft leasing.
Why it matters
- Strengthens domestic lessor confidence, reflected in growing asset registrations such as aircraft and engines in GIFT City frameworks.
प्रीलिम्स तथ्य
- High-Level Committee on Aircraft Leasing operates under the Ministry of Civil Aviation.
स्रोत: PIB
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