Within the wake of Go First’s plunge into insolvency a 12 months in the past, the aviation trade in India witnessed one more turbulent chapter. The once-promising service owned by the Wadia household, confronted a cascade of challenges that finally led to its present state of uncertainty. Grounded flights, authorized battles, and mounting monetary woes … Read more
The Delhi Excessive Courtroom on Friday ordered the aviation regulator, Directorate Common of Civil Aviation (DGCA), to course of deregistration requests for Go First’s leased plane inside 5 days. This severely impacts Go First’s operations, grounding a good portion of the airline’s fleet. Justice Tara Vitasta Ganju dismissed a plea from the airline’s Decision Skilled … Read more
Go First lenders have requested decision skilled Shailendra Ajmera to guage the revival plans of grounded airline. SpiceJet promoter Ajay Singh and aviation agency Sky One submitted decision plans for reviving Go First final week. These have been opened in a committee of collectors assembly on Friday. “We’ve got requested the decision skilled to analyse the … Read more
Go First lenders have agreed to increase the date of submitting Expression of Curiosity to January 31. The Committee has determined to accommodate solely the 4 candidates that had come forth. A lender knowledgeable businessline that in a current committee of collectors assembly, bankers agreed to allow the submission of expressions of curiosity. After the … Read more