The Oman Tribune reported, citing government minutes, that Indian airports have claimed international law must take a back seat to local courts in a dispute with foreign aircraft leasing firms over the future of grounded Kingfisher Airlines jets.
The Tribune noted that efforts by foreign lessors to repossess over a dozen Airbus jets parked at airports around India have been hampered by disputes over competing claims and confusion over the power of international agreements to trump local courts.
Previously on monitordaily: Kingfisher Suspension Impacting Global Leasing Sector, March 28, 2013
To read the Oman Tribune report click here.
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