April 4, 2025 9:12 PM

Parliament passes the Protection of Interest in Aircraft Objects Bill, 2025

The Protection of Interest in Aircraft Objects Bill, 2025, introduced by Civil Aviation Minister Ram Mohan Naidu, was passed in the Lok Sabha on April 3, following its earlier approval in the Rajya Sabha. With both Houses clearing the legislation, this marks the second major aviation reform under his leadership.  The bill aims to align India’s aircraft leasing and financing ecosystem with global standards, providing a critical boost to investor confidence in the country's rapidly growing avi...