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Aviation
Go First sale faces uncertainty as bidders tie payments to lawsuit resolution

Go First sale faces uncertainty as bidders tie payments to lawsuit resolution

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

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Go First Insolvency Resolution Extended by NCLT

Go First Insolvency Resolution Extended by NCLT

The National Company Law Tribunal (NCLT) has granted a 60-day extension to the Corporate Insolvency Resolution Process (CIRP) of grounded airline Go First. The extension comes after three parties expressed interest in taking over the

Aviation
Lenders of Go First seek investor bids by Jan 31

Lenders of Go First seek investor bids by Jan 31

In the latest developments surrounding struggling airline Go First, sources reveal that the deadline for submitting financial bids for the acquisition of the airline has been set for January 31. Go First had filed for

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.

Aviation

SpiceJet shows interest in buying bankrupt Go First

SpiceJet on Tuesday said it has expressed interest to acquire Go First and plans to submit its offer after carrying out due diligence of the bankrupt carrier. Go First, which stopped flying since May 3

Aviation

Akasa Air emerges winner for on-time performance for November

Akasa Air has now beaten Air India and IndiGo for the best on-time performance, according to the ranking list released by the Ministry of Civil Aviation. As per the data for the OTP matrix, where

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