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Go First may be nearing liquidation; eyes INR 3,000 from asset sale: Report

Go First may be nearing liquidation; eyes INR 3,000 from asset sale: Report

In a critical development, lenders of the embattled domestic carrier Go First, founded by billionaire Nusli Wadia, are reportedly leaning towards approving a proposal to liquidate the airline. Despite facing multiple deadlines to resolve its

Top Stories
Air India, Vistara, SpiceJet & IndiGo chiefs meet Scindia

Air India, Vistara, SpiceJet & IndiGo chiefs meet Scindia

Chiefs of Air India, Vistara, and SpiceJet on yesterday 7 held a meeting with Civil Aviation Minister Jyotiraditya Scindia in the national capital. In a social media post, the Office of the Minister said representatives

Ministry
MoCA keen on reducing risks & maintaining confidence of aircraft lessors

MoCA keen on reducing risks & maintaining confidence of aircraft lessors

The Ministry of Civil Aviation in India (MoCA) has expressed its commitment to maintaining the confidence of aircraft lessors in the Indian aviation market by reducing their risks. This commitment comes in response to changes

Aviation
Go First seeks direction from NCLT on leased aircraft

Go First seeks direction from NCLT on leased aircraft

Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal (NCLT), including restraining lessors from taking back aircraft and regulator DGCA from taking any adverse action against the airline. The Wadia

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