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
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
Disha Shah Ghosh - Mumbai
The Delhi High Court has said that scheduled maintenance cannot be considered as a reason to include flying of aircraft and restrained Go First to continue with maintenance flights. In its judgement the High Court
TBM Staff - Mumbai
The National Company Law Tribunal (NCLT) yesterday refused to restrain the resolution professional of Go First from using the aircraft leased to it by six leasing companies. A bench of judicial member Mahendra Khandelwal and
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
TBM Staff - Mumbai
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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