Search Results: Go First (2516)

Aeroconsultant became the first to successfully return Go First A320neo to the skies and export it out of India.

Industry experts anticipate prolonged efforts by lessors to relocate Go First’s (G8) deregistered aircraft, attributing the delay to crucial maintenance requirements.

Delhi High Court has instructed the Director General of Civil Aviation (DGCA) to process Go First, previously known as Go Air, aircraft deregistration applications within five working days, posing a significant setback for the airline.

These lenders aim for a recovery exceeding ₹2,000 crore for the land, given that the airline is indebted to its creditors for over ₹6,200 crore.

Go First, which filed for bankruptcy in May last year, received two financial bids as part of its bankruptcy process, the second being Sharjah (SHJ)-based Sky One Airways.

During the hearing, senior advocate Neeraj Kishan Kaul, representing the RP, informed the court about the established procedures for aircraft maintenance. Kaul encouraged lessors to communicate with the RP to address any concerns.

Go First Airlines, SpiceJet’s (SG) CMD Ajay Singh and Busy Bee Airways, primarily owned by EaseMyTrip CEO Nishant Pitti, have introduced a rescue plan involving a comprehensive infusion of Rs 1,600 crore into the struggling airline.

A fourth potential buyer (NS Aviation) has entered the scene for Acquiring Go First, as lenders extend the resolution applicants’ deadline until the end of the month

Lenders of the financially distressed Indian LCC Go First, established by the Wadia family, are reportedly considering a proposal to liquidate the airline.

MUMBAI- Go First CEO Kaushik Khona has resigned approximately seven months after the budget airline initiated insolvency proceedings.