AVGEEK
How aircraft leasing works in India, from contracts to repossession
Aviation lawyer Nitin Sarin explains the legal and commercial structures behind aircraft and engine leases, and the conditions lessors weigh in India.
The conversation
This week’s guest is Nitin Sarin, Managing Partner at Sarin & Co, India’s only aviation law firm. The topics ranged from how aircraft leasing happens, to how an engine lessor takes the much bigger risk, to the Capetown convention, the emerging GIFT city, what MoCA and DGCA can do to make India more attractive for leasing companies, aircraft repossessions in India, and more.
Nitin Sarin - @Deaphen
Vishal Mehra - @vishal1mehra
Key Takeaways
- Sarin explains how aircraft leases are structured and why an engine lessor can face a different, potentially greater risk than an aircraft lessor.
- The conversation examines the Cape Town Convention and aircraft repossession in India as practical concerns for financiers.
- Sarin discusses GIFT City and what Indian regulators could do to make the market more attractive to leasing companies.