TBM Staff - Mumbai
In a noteworthy development, the global aviation watchdog, Aviation Working Group (AWG), has downgraded India's status from "positive" to "negative." This downgrade comes in the wake of the ongoing insolvency struggles faced by Go First,
TBM Staff - Mumbai
The Delhi High Court will hear aircraft leasing companies’ plea for deregistration of Go First aircraft on October 19. With a favourable notification from the Ministry of Corporate Affairs, the lessors pressed for the release
TBM Staff - Mumbai
The resolution professional of Go First has sought an urgent funding of INR 100 crore from lenders to keep it afloat by meeting its mandatory liabilities such as insurance, people aware of the matter have
TBM Staff - Mumbai
Grounded carrier Go First is undergoing insolvency resolution proceedings, and its lessors have approached the Delhi High Court seeking directions to release the leased aircraft. The lessors claimed that Go First was in default of
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