The leasing watchdog gave Azman Air props after the airline said it would register all its rented gear under a 2015 law that most operators ignore. Donald Wokoma runs the registration authority and used the airline's finance chief dropping by his office as a chance to remind everyone that signing up for the equipment registry actually helps carriers lock down better financing deals and keeps foreign lessors from getting spooked.
Wokoma broke down how the setup covers everything from planes and engines to ground equipment and IT stuff, which protects both sides when disputes pop up, or someone goes belly up. The airline's money guy called the framework solid for governance and stability, then promised to build an internal team to stay compliant with the rules going forward.
Wokoma broke down how the setup covers everything from planes and engines to ground equipment and IT stuff, which protects both sides when disputes pop up, or someone goes belly up. The airline's money guy called the framework solid for governance and stability, then promised to build an internal team to stay compliant with the rules going forward.
