The Indian Aviation sector is facing lots of issues, From Go First Insolvency, IndiGo Airlines Engine shortages, and Spicejet Lessor turmoil to Air India’s staff shortages.
Go First
Wadia Owned Go First (G8) was about to take the delivery of Six brand new Airbus A320neo airliners. some of them performed their test flights.
According to sources, Wadia-owned Go First (G8) Airlines is expected to resume operations by May 27. Pilots have been requested to participate in a ‘refresher course’ starting from Thursday.
The aircraft lessors objected to the Go First airline’s insolvency petition before the National Company Law Tribunal (NCLT), but the airline has stated that it contacted the insolvency body to protect its 7,000 employees.
Tomorrow, on May 12, Friday, the National Company Law Appellate Tribunal (NCLAT) is scheduled to hear the plea filed by SMBC Aviation Capital, the aircraft lessor of Go First (G8).