TBM Staff - Mumbai
Naveen Jindal-backed Jindal Power Ltd (JPL) has submitted the sole expression of interest (EoI) for Go First. The Wadia-group airline suspended operations in May due to a cash crunch resulting from defective aircraft engines. In
TBM Staff - Mumbai
Aviation Working Group (AWG) has further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands
TBM Staff - Mumbai
Lenders of the crisis-hit Go First airline extended deadline for submission of expressions of interest (EoI) to September 28, said a report on Wednesday. Provisional list of prospective resolution applicants will be issued on October
TBM Staff - Mumbai
The deadline for submitting preliminary interest to bid for insolvent Go Airlines (India) is likely to be extended by another two-to-three weeks amid lack of any such application by suitors. The resolution professional for the
TBM Staff - Mumbai
The National Company Law Appellate Tribunal (NCLAT) yesterday granted permission to Ireland-based lessor Jackson Square Aviation Ltd to inspect its aircraft leased to cash-strapped Go First. This decision follows a similar observation made in the
TBM Staff - Mumbai
Jackson Square Aviation Ireland Ltd, the lessor for the grounded airline Go First, has moved the National Company Law Appellate Tribunal (NCLAT) seeking directions to prevent its parked aircraft from being used for flying by
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