India’s Dublin: What’s stopping GIFT City from becoming a major aircraft-leasing hub?

Last year, when Air India was in advanced talks with Irish commercial-aircraft lessor Griffin Global Asset Management to secure Boeing planes, something unexpected happened in India’s aviation sector. Nusli Wadia landed Go First in the National Company Law Tribunal (NCLT) with an insolvency plea. With the Mumbai-based low-cost airline getting bankruptcy protection soon, aircraft lessors were unable to pull out around the four-and-a-half dozen