TBM Staff - Mumbai
The fate of Go First hangs in the balance as potential buyers, including a consortium led by SpiceJet Chief Ajay Singh and Sharjah-based Sky One, propose conditional payments linked to the resolution of a lawsuit
TBM Staff - Mumbai
Tata-owned Air India and Vistara have asked for permission from their creditors to merge the two airlines. On Thursday, The Economic Times (ET) reported that creditors will vote on the proposal on September 23. Sources
TBM Staff - Mumbai
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
TBM Staff - Mumbai
The Jalan Karlock Consortium has reinforced belief that it has funds to revive the struggling airline; and the appointment of officials on prominent positions in the company. The Consortium has said that despite many challenges,
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