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Lenders to Go First extend deadline for submitting EoI to September 28

Lenders of the crisis-hit Go First airline extended deadline for submission of expressions of interest (EoI) to September 28, said a report on Wednesday.

Provisional list of prospective resolution applicants will be issued on October 8, reported CNBC TV18.
If confirmed, this is the second time deadline for submission of EoI will be extended.

On May 2, the 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 Pratt & Whitney.

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