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Bankrupt Indian airline Go First gets two financial bids, say bankers

Bankrupt Indian airline Go First gets two financial bids, say ban...

Sat, Feb 24, 2024

Go First's resolution professional, who conducts the bankruptcy process, Singh and Spicejet did not respond to emails seeking comment.

Govt changes insolvency rules, makes it easier for lessors to recover planes if airline goes bankrupt

Govt changes insolvency rules, makes it easier for lessors to rec...

Wed, Oct 04, 2023

The government's notification to exempt transactions involving aircraft, aircraft engines, and helicopters from the Insolvency and Bankruptcy Code (IBC) comes amid the ongoing insolvency proceedings of Go First, the Wadia Group-owned airline.

NCLAT allows Go First's airplane lessor Jackson Square Aviation to inspect planes

NCLAT allows Go First's airplane lessor Jackson Square Aviat...

Fri, Sep 01, 2023

A two-member NCLAT bench on Thursday disposed of the plea filed by the aircraft lessor for inspection.

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Fan blades, engine parts go missing from Go First jets, lessor says

Fan blades, engine parts go missing from Go First jets, lessor sa...

Sat, Aug 26, 2023

Go First and many of its foreign lessors have been locked in a legal dispute for months after the airline was granted bankruptcy protection in India in May.

Go First extends flight cancellations till August 11 citing 'operational reasons'

Go First extends flight cancellations till August 11 citing...

Tue, Aug 08, 2023

Go First said that the company has filed an application for immediate resolution and revival of operations and is optimistic about resuming bookings shortly.

Go First Airlines To Resume: Go First Airlines Set to Take Flight Next Week

Go First Airlines To Resume: Go First Airlines Set to Take Flight...

Thu, Jul 27, 2023

Go First flights can start from next week, first charter, then normal flights can start

Go First receives lifeline, DGCA approves airline's flight resumption plan with certain conditions

Go First receives lifeline, DGCA approves airline's flight r...

Fri, Jul 21, 2023

Go First flight resumption plan: Go First may resume scheduled flight operations on the availability of interim funding and approval of flights scheduled by DGCA, the release said.

DGCA analysing special audit report of grounded Go First airline, says official

DGCA analysing special audit report of grounded Go First airline,...

Tue, Jul 11, 2023

The Directorate General of Civil Aviation (DGCA) is analysing the report of the special audit of grounded Go First, which is undergoing insolvency resolution process, a senior official said on Tues

Is GoFirst facing financial crisis?

Is GoFirst facing financial crisis?

Mon, Jul 10, 2023

GoFirst facing financial crisis is now ready to be sold, Resolution professional called for EoI, know full details in this video

Go First seeks more time from the aviation regulator to prepare a restructuring plan

Go First seeks more time from the aviation regulator to prepare a...

Thu, May 25, 2023

Accordingly, DGCA has advised the airline on 24.05.2023 to submit, within a period of 30 days, a comprehensive restructuring/revival plan for a sustainable revival of operations.

Go First crisis will not change Indian aviation's growth trajectory: Boeing

Go First crisis will not change Indian aviation's growth tra...

Fri, May 12, 2023

Go First Crisis: Boeing India President Salil Gupte said it is "never a positive" when an airline runs into financial challenges because it takes a toll on the management, employees, all stakeholders and also puts a strain on the overall transport infrastructure.

Go First Airways set to restart operations soon after insolvency filing: Watch to know more

Go First Airways set to restart operations soon after insolvency...

Thu, May 11, 2023

After filing for insolvency, Go First Airways is set to resume flights with a smaller operation starting from May 24th. The airline recently cancelled all its flights until May 19th and is set to undergo a voluntary insolvency resolution process. The current management is to be replaced by a court-appointed resolution professional.

Go First cancels all flights till May 12, to refund tickets soon

Go First cancels all flights till May 12, to refund tickets soon

Fri, May 05, 2023

"... Due to operational reasons, Go First flights scheduled till 12th May 2023 have been cancelled," the airline said in a tweet.

Go First Airways: What went wrong with low-cost carrier?-- Explained

Go First Airways: What went wrong with low-cost carrier?-- Explai...

Wed, May 03, 2023

Go First Airways filed for insolvency resolution proceedings in the National Company Law Tribunal and announced that it will suspend its flight operations from May 3-5. But why did the airline take this drastic step at the time domestic air travel is soaring?

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