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Aviation
Go First receives additional 60 days to finalise insolvency resolution

Go First receives additional 60 days to finalise insolvency resolution

  The future of Go First, which ceased operations on May 3, 2023, may soon be determined within the next two months. The National Company Law Tribunal (NCLT) granted an additional 60-day extension to the

Aviation
Go First forms company with former employees to liaise with leasing firms: Report

Go First forms company with former employees to liaise with leasing firms: Report

Crisis-hit Go First has reportedly floated a company to liaise with the leasing companies. The company was floated in December and is being led by Sachin Naik, a former employee in Go First’s finance department.

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Go First may be nearing liquidation; eyes INR 3,000 from asset sale: Report

Go First may be nearing liquidation; eyes INR 3,000 from asset sale: Report

In a critical development, lenders of the embattled domestic carrier Go First, founded by billionaire Nusli Wadia, are reportedly leaning towards approving a proposal to liquidate the airline. Despite facing multiple deadlines to resolve its

Aviation
NCLT issues notice to Go First’s creditors, IBBI over ticket refunds

NCLT issues notice to Go First’s creditors, IBBI over ticket refunds

The National Company Law Tribunal (NCLT) on Monday issued notices to the Committee of Creditors of Go First and insolvency regulator IBBI over a plea to refund INR 597.54 crore to around 15.5 lakh passengers

Aviation
Go First asks airports to restore flight slots; charter services may resume tomorrow

Go First asks airports to restore flight slots; charter services may resume tomorrow

According to a report in The Financial Express, Go First has applied to airport operators for restoration of its slots to restart operations, even as the airline operated a test flight from Mumbai. After the

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