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...
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
Go First has not operated its flights since May 3, a day after it filed for bankruptcy
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
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...
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...
Go First has not operated its flights since May3
The Mumbai-based airline is undergoing voluntary insolvency resolution proceedings
Go First is undergoing insolvency bankruptcy proceedings
On Wednesday, senior representatives of the current management of Go First discussed various aspects of the revival plan with officials of the Directorate...
Go First has not operated its flights since May 3, a day after it announced bankruptcy
Senior representatives of the current management of Go First, which has stopped flying since May 3, discussed various aspects of the revival plan with...
Go First reportedly plans to resume operations in July and operate 78 daily flights with 22 aircrafts
Ever since the Go First crisis broke out, the engine and aircraft lessors have been demanding a return of their assets
In the first meeting held on Friday, the committee of creditors (CoC) replaced the company-appointed IRP, process advisor and legal agency
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
The airline took payments despite knowing that it was filing for voluntary insolvency before NCLT, Delhivery said
Go First has not operated its flights since May 3, a day after it filed for bankruptcy
During an hour-long meeting of the airlines advisory group, Civil Aviation Minister Jyotiraditya Scindia shared his concerns about the steep rise in airfares...
Go First was asked to submit a revival plan to the DGCA within 30 days after its hearing in the NCLAT
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...
DGCA had asked the airline on May 24 to submit a revival plan within 30 days
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...
DGCA has asked Go First to submit a revival plan within 30 days
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