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Go First Insolvency: NCLT Directs RP To File Details On Recent Developments

A two-member bench of NCLT, comprising Mahendra Khandelwal and Rahul P Bhatnagar, directed the resolution professional (RP) to file an additional affidavit in the next 10 days, including the status of the maintenance of the...

05 August 2023

Go First aircrafts at Mumbai airport

Go First Provides Addl Information To DGCA Post Audit, Says Official

Cash-strapped Go First, which had been flying for more than 17 years, stopped operations on May 3. It is undergoing an insolvency resolution process

20 July 2023

Go First aircrafts at Mumbai airport

Singapore Tribunal Instructs Pratt & Whitney To Provide Engines To Go First From August 1

Go First has not operated its flights since May 3, a day after it filed for bankruptcy

07 July 2023

Go First aircrafts at Mumbai airport

Go First To Return Rs 597 Cr To Around 15.5 Lakh Passengers, NCLT Issues Notice To CoC & IBBI

The resolution professional (RP) of crisis-ridden Go First, which suspended operations on May 3, has approached the NCLT to seek permission for refunding money to passengers, some of whom booked flights till July 10

01 August 2023

Two Go First aircraft have been grounded by DGCA after engine snags

Go First Resolution Professional Invites EoIs

On May 2, the city-based airline filed for initiating voluntary insolvency proceedings at the National Company Law Tribunal (NCLT), citing huge revenue losses, owing to the non-supply of aircraft engines by US engines maker...

10 July 2023

Go First flights cancelled for 3 days

Go First To Challenge High Court Order On Inspection Of Planes By Lessors

The cash-strapped budget carrier stopped flying from May 3 and is undergoing insolvency resolution process and aviation regulator DGCA is doing a special audit of the airline, which has sought approval for restarting...

07 July 2023

Go First

Go First Resolution Professional Approaches NCLT Seeking Permission For Refund Of Cancelled Tickets

Go First has not operated its flights since May3

30 July 2023

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Two Go First aircraft have been grounded by DGCA after engine snags

DGCA Starts Special Audit Of Go First's Facilities

The Mumbai-based airline is undergoing voluntary insolvency resolution proceedings

05 July 2023

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30 June 2023
DGCA To Conduct Special Audit Of Go First Facilities On July 4-6

DGCA To Conduct Special Audit Of Go First Facilities On July 4-6

Go First is undergoing insolvency bankruptcy proceedings


30 June 2023
Go First Extends Cancellation Of Flights Till Jul 6

Go First Extends Cancellation Of Flights Till Jul 6

On Wednesday, senior representatives of the current management of Go First discussed various aspects of the revival plan with officials of the Directorate...


29 June 2023
Go First Extends Cancellation Of Flights Till July 6

Go First Extends Cancellation Of Flights Till July 6

Go First has not operated its flights since May 3, a day after it announced bankruptcy


29 June 2023
Go First Revival Plan: DGCA To Examine Documents, Conduct Audit Before Restarting Operations

Go First Revival Plan: DGCA To Examine Documents, Conduct Audit Before Restarting Operations

Senior representatives of the current management of Go First, which has stopped flying since May 3, discussed various aspects of the revival plan with...


22 June 2023
Go First Seeks Around Rs 600 Crore As Additional Funds For Operations: Report

Go First Seeks Around Rs 600 Crore As Additional Funds For Operations: Report

Go First reportedly plans to resume operations in July and operate 78 daily flights with 22 aircrafts


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16 June 2023
Go First Crisis: NCLT Asks Go First RP To Ensure Protection Of Engine Lessors’ Assets, Says Report

Go First Crisis: NCLT Asks Go First RP To Ensure Protection Of Engine Lessors’ Assets, Says Report

Ever since the Go First crisis broke out, the engine and aircraft lessors have been demanding a return of their assets


12 June 2023
Go First Crisis: Lenders Seek To Take Full Control, Replace Key Bankruptcy Officials, Says Report

Go First Crisis: Lenders Seek To Take Full Control, Replace Key Bankruptcy Officials, Says Report

In the first meeting held on Friday, the committee of creditors (CoC) replaced the company-appointed IRP, process advisor and legal agency


10 June 2023
Go First: Committee Of Creditors Now In Place; Approval For Revival Plan Likely Soon

Go First: Committee Of Creditors Now In Place; Approval For Revival Plan Likely Soon

According to the source, the new resolution professional is expected to be appointed on June 12, and the lenders have suggested one name each from KPMG and EY


09 June 2023
NCLT Issues Notice To Go First Resolution Professional On Delhivery Plea

NCLT Issues Notice To Go First Resolution Professional On Delhivery Plea

The airline took payments despite knowing that it was filing for voluntary insolvency before NCLT, Delhivery said


06 June 2023
Go First Extends Flight Cancellation Till June 9 Due To Operational Reasons

Go First Extends Flight Cancellation Till June 9 Due To Operational Reasons

Go First has not operated its flights since May 3, a day after it filed for bankruptcy


06 June 2023
Govt Asks Airlines To Devise Mechanism For Reasonable Pricing Of Air Tickets

Govt Asks Airlines To Devise Mechanism For Reasonable Pricing Of Air Tickets

During an hour-long meeting of the airlines advisory group, Civil Aviation Minister Jyotiraditya Scindia shared his concerns about the steep rise in airfares...


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06 June 2023
Go First Awaits DGCA Approval To Resume Flights With 22 Aircrafts: Report 

Go First Awaits DGCA Approval To Resume Flights With 22 Aircrafts: Report 

Go First was asked to submit a revival plan to the DGCA within 30 days after its hearing in the NCLAT


05 June 2023
Govt Asks Airlines To Devise Mechanism For Reasonable Pricing Of Air Tickets

Govt Asks Airlines To Devise Mechanism For Reasonable Pricing Of Air Tickets

Airlines have been asked to self-monitor airfares on routes that have seen considerable rise in ticket prices, particularly those that were served by Go First...


02 June 2023
Go First Submits 6-Month Revival Plan To DGCA: Report

Go First Submits 6-Month Revival Plan To DGCA: Report

DGCA had asked the airline on May 24 to submit a revival plan within 30 days


01 June 2023
Amid Surge In Airfares, Civil Aviation Ministry Analyses Routes Impacted By Go First Crisis

Amid Surge In Airfares, Civil Aviation Ministry Analyses Routes Impacted By Go First Crisis

Civil Aviation Minister Jyotiraditya Scindia on Thursday said there is an unusual situation due to the Go First crisis and there has been an excess demand on...


30 May 2023
DGCA Puts Go First Lessors' Plea To Repossess Aircraft On Hold: Report

DGCA Puts Go First Lessors' Plea To Repossess Aircraft On Hold: Report

DGCA has asked Go First to submit a revival plan within 30 days


30 May 2023
Go First Extends Flight Cancellations Till June 4 Citing Operational Reasons

Go First Extends Flight Cancellations Till June 4 Citing Operational Reasons

Go First said all flights scheduled till 4 June 2023, have been cancelled and a full refund will be made to the original mode of payment shortly


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