The Aviation Working Group
Membership Organizations · New York, United States · 1-10 Employees
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Overview
Headquarters
126 E 56th St Ste 1700, New York, New Yo...Phone Number
(646) 531-7117Website
www.awg.aeroRevenue
<$5 MillionIndustry
ZI Rank: 1
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About The Aviation Working Group
The Aviation Working Group (AWG) is a not-for-profit legal entity that comprises major aviation manufacturers, leasing companies, and financial institutions. It focuses on developing policies, laws, and regulations that facilitate advanced international aviation financing and leasing. AWG's initiatives include the Cape Town Convention, the Global Aircraft Trading System, and various resources aimed at improving compliance and efficiency in aviation finance. Its intended clients include aviation industry stakeholders such as financiers, lessors, and legal practitioners.Explore more
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The Aviation Working Group Tech Stack
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The Aviation Working Group News & Media
Go First's insolvency flight leaves trail of concerns for aircraft lessors
At least 50 requests to take back as many leased planes from two Indian airlines in less than two weeks. Petitions from lessors seeking to enforce rights under international norms and concerns over a possible spike in the risk premium for leasing aircraft for domestic carriers. Cash-strapped Go First being admitted for insolvency resolution proceedings on a voluntary plea and subsequent moratorium has left a trail of concerns and uncertainties for aircraft lessors with respectGlobal aviation leasing watchdog issues warning to India after Go First bankruptcy protection
The move from the Aviation Working Group (AWG) could raise leasing costs for Indian airlines and further jolt lessors' confidence in the world's third-largest domestic aviation market.
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The Aviation Working Group (AWG) is a not-for-profit legal entity that comprises major aviation manufacturers, leasing companies, and financial institutions. It focuses on developing policies, laws, and regulations that facilitate advanced international aviation financing and leasing. AWG's initiatives include the Cape Town Convention, the Global A... Read More
