Troubled airline Go First faces fresh challenge as more employees resign
Mumbai: Grounded airline Go First is witnessing a high rate of attrition amid its attempts to restart operations, media reports said.
Go First Insolvency: Central Bank of India, 3 other lessors file applications in NCLT
Mumbai: Central Bank of India and lessors including SMBC Afro Engine Leasing, Bluesky 19 Leasing Company Limited, and Bluesky 31 Leasing Company Limited, filed fresh applications in the insolvency plea of Go First at the National Company Law Tribunal (NCLT), media reports said.
IndiGo denies report on buying majority stake in troubled Go First airline
Gurugram: InterGlobe Aviation Ltd which operates India’s largest airline IndiGo has refused to answer queries over news reports that it is trying to buy a majority stake in troubled carrier Go First.
DGCA allows Go First 30 days to submit revival plan
New Delhi: Aviation regulator Directorate General of Civil Aviation (DGCA) has allowed cash-strapped airline Go First a 30-day period to present a detailed plan for reviving its operations, media reports said.
The Interim Resolution Professional (IRP) of Go First Abilash Lal has informed the National Company Law Tribunal (NCLT) that the financially strained airline has incurred disproportionate liabilities due to the grounding of its aircraft, Moneycontrol reported.
Go First may start services soon after NCLT approves insolvency plea: Report
Mumbai: Cash-strapped budget carrier Go First may resume regular flights soon as it plans to go business as usual after the National Company Law Tribunal (NCLT) gave its nod to the company’s insolvency plea, paving the way for the airline’s revival.
Go First set to resume Srinagar-Sharjah flight from June-end
New Delhi/UNI: Go First on Tuesday said that it will resume scheduled direct flights to and from Srinagar to Sharjah from end of this month.