Troubled Indian airline Go First's lenders have reportedly voted to liquidate the company's assets after bids from interested parties were rejected, according to Reuters. The outlet cited two banking ...
All 54 Go First planes will be repossessed by lessors and the company will lose all their domestic and international airport slots following action taken by the DCGA. Reports from The Times of Indi...
Indian budget carrier SpiceJet's managing director Ajay Singh has submitted a joint bid along with Busy Bee Airways for Go First airlines (which declared bankruptcy in May 2023, citing the GTF engine ...
Bankrupt Indian airline Go First has created a new company, SP Mumbai Aviation, to liase with leasing companies. The company primarily consists of former Go First employees and is led by Sachin Naik, ...
Low-cost Indian airline Go First could be left without a buyer as India’s Jindal Power has failed to make a bid, despite an expression of interest having initially been accepted by creditors. Once the...
Cash-strapped Go First has received an approval for $12 million as corporate Insolvency Resolution Process (CIRP) cost to take care of urgent and mandatory liabilities. The funds will be used to pay f...
Go First is seeking funding of $12 million an urgent basis to cover some of its mandatory liabilities, such as insurance, reports Economic Times. The airline stopped operations in May and has been try...
In a setback to Go First, the Delhi High Court has ordered the airline not to fly lessors’ aircraft as part of scheduled maintenance, questioning the urgency and need for these flights. The court said...
Go First has performed successful test flights paving way for its resumption of commercial operations soon. The airline is reportedly working on securing airport slots and funding to ensure a smooth r...
In a major boost for Go First as it moves forward on its path to resume commercial operations, the airline has taken the delivery of two engines from Pratt & Whitney (P&W), reports Financial Times (FE...
In a major relief for Go First, the Directorate General of Civil Aviation (DGCA) has given green signal to resume operations after carrying out a multi-location audit earlier this month following a pl...
Go First will have to scale down its proposed resumption of routes or hire more pilots to resume operations as per the recent audit report by the Directorate General of Civil Aviation (DGCA). Accordin...
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