Search Results: Go First (2102)

Go First has attracted interest from various parties, including Malaysia Airlines (MH), Europe’s easyJet (U2), and U.S.-based Spirit Airlines (NK)

MUMBAI- The deadline has passed for potential buyers to submit Expressions of Interest (EOI) for India’s Go First, and three notable entities, including a prominent local corporation and at least one foreign airline, have reportedly done so before the October 7, 2023, cutoff date.

The potential recovery of the grounded Indian low-cost carrier Go First may encounter obstacles if a court upholds aircraft lessors demands.

The deadline for submitting initial expressions of interest to bid for the financially troubled Go First is expected to be extended by an additional two to three weeks due to the absence of any such applications from potential buyers.

The challenges for grounded airlines Go First and Jet Airways continue escalating as both airline’s IATA code were revoked due to their non-operational status.

Go First (G8), had a hard time this week as Lessors were allowed to inspect its aircraft engines, failed talks with Delhivery, and more employees resigned from the airline.

Go First (G8) airlines have sought immediate funding of ₹100 crores from its lenders to address pressing financial obligations, including essential liabilities such as insurance.

MUMBAI- Wadia-owned airline Go First (G8) has requested emergency funding of Rs 100 crore from its creditors to ensure financial stability.

On August 5, 2023, IndiGo (6E), India’s largest domestic carrier, flight from Mumbai (BOM) to Nairobi (NBO) takes off for the first time.

On Thursday (July 3, 2023), the Delhi High Court ruled that the concept of scheduled maintenance does not encompass the operation of aircraft, and it prohibited the financially distressed airline Go First (G8) from discontinuing maintenance flights.