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Aviation
Go First heads towards liquidation after failed bids

Go First heads towards liquidation after failed bids

Go First, the embattled airline, is on the brink of liquidation after unsuccessful negotiations with potential buyers, including EaseMyTrip CEO Nishant Pitti, SpiceJet Chairman Ajay Singh, and Sharjah-based Sky One Aviation. Following five months of

Aviation
NCLT defers hearing on Go First to July 11, leaves lessors stranded

NCLT defers hearing on Go First to July 11, leaves lessors stranded

The National Company Law Tribunal (NCLT) on Monday deferred its hearing in Go First’s insolvency case to July 11, leaving the lessors stranded. The NCLT indicated that it needed more time to study the Delhi

Aviation
Go First faces grounding threat: DGCA deregisters leased aircraft

Go First faces grounding threat: DGCA deregisters leased aircraft

  The Directorate General of Civil Aviation (DGCA) has taken action to deregister all 54 aircraft leased to the now-defunct airline Go First, as confirmed by officials. This move follows an order issued by the

Aviation
Busy Bee Airways reviews legal decision before finalising Go First bid

Busy Bee Airways reviews legal decision before finalising Go First bid

  Following the Delhi High Court's decision to allow lessors to reclaim 54 aircraft leased to bankrupt Go First, Nishant Pitti, representing joint bidder Busy Bee Airways, stated on Friday that they would review the

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Delhi High Court allows lessor reclaim of Aircraft

Delhi High Court allows lessor reclaim of Aircraft

  The Delhi High Court dealt a final blow to any hopes of a revival for Go First by ordering the aviation regulator to deregister all 54 aircraft leased by the bankrupt airline, effectively grounding

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

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