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04Apr 2025

UGI USER
aircraft asset security aircraft leasing aircraft protection bill aircraft rights bill aviation finance aviation law aviation policy India aviation safety India Indian aviation sector Indian Parliament
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Parliament Passes Bill to Protect Aircraft Interests

Why in the News ? Parliament has passed the Protection of Interests in Aircraft Objects Bill, 2025, to implement the Cape Town Convention and secure rights over aircraft assets. It aims to boost aircraft financing, align aviation laws with global standards, and promote leasing efficiency. Key Highlights of the Bill: Parliament has passed the Protection …