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Interminable delays and multiple out-of-court settlements later, the world’s leading lessors have tweaked their India playbook—stiffer terms, higher rentals. The fallout has hit aviation startups hard.

Peace talks bring relief to the Emirates, but there’s still a ways to go before full-scale recovery.
A drop in employee costs, despite the need to hire pilots under the new DGCA norms, raises fresh concerns about IndiGo’s staffing, and its vulnerability to a December 2025-scale disruption.
From airspace closures to fuel shocks, external factors expose deeper vulnerabilities at the Tata Sons-Singapore Airlines carrier.