TBM Staff - Mumbai
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
TBM Staff - Mumbai
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
TBM Staff - Mumbai
Lenders to Go First are not in favour of releasing additional funding to the grounded airline, given its legal troubles with lessors and complexities related to changes in the bankruptcy law, two banking sources told
