India’s civil aviation regulator, the Directorate General of Civil Aviation (DGCA) has granted approval to airline Go First’s plan to resume operations , subject to specific conditions. In its notification issued on Friday, the DGCA said that the proposed resumption plan submitted by the Resolution Professional (RP), Go First, dated …
As part of the carrier’s protracted insolvency, Go First has requested investor interest in the company through a court-appointed administrator, according to a newspaper ad that appeared on Monday. The procedure complies with Indian law’s procedural criteria. Reuters was informed on Monday by two bankers who are aware of the …
The lenders of Go First have made a preliminary decision to approve the airline’s request for INR 400 crore in emergency cash to resume operations. The airline temporarily ceased operations on May 2, and on May 10 the National Company Law Tribunal (NCLT) accepted the carrier’s insolvency plea. Shailendra Ajmera, …
Flight cancellations have been extended by Go First until June 4. The budget airline Go First stopped flying on May 3, and the most recent statement means that it will be grounded for a month. Since the initial notice on May 2 when the services were cancelled for three days …
Budget carrier GoAir has recently rebranded itself into ultra-low cost airline Go First. Accordingly, the airline said that at the heart of this revamp is the full embrace of the ultra-low-cost airline model. The airline cited factors such as single aircraft type across its fleet has positioned it to operate …
