After a Singapore tribunal’s ruling for Pratt & Whitney (P&W) to provide Go First (G8) with five engines monthly until December, both parties engage in negotiations for a new lease agreement.
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The Directorate General of Civil Aviation (DGCA), India’s aviation regulator, has approved Go First (G8) Airlines’ plan to resume operations. However, the acceptance comes with certain conditions, as stated in a notification issued on Friday.
TATA SIA Vistara (UK) CEO Vinod Kannan confirmed that the airline is poised to submit its response to the Competition Commission of India’s (CCI) inquiries regarding the proposed merger with Air India (AI).
The National Company Law Tribunal (NCLT) has permitted Go First (G8) to request to include one of its vendors, Blue Mushroom Infozone, in the Corporate Insolvency Resolution Process (CIRP).
The Directorate General of Civil Aviation (DGCA) is analyzing the report of a special audit of grounded Go First (G8), which is undergoing an insolvency resolution process.
A resolution professional overseeing the insolvency process for Go First (G8) has initiated the next phase by inviting an Expression of Interest (EOI) for the sale of the carrier, as reported in an advertisement in ET on Monday.
In a significant development for Go First (G8), a court in Singapore has ruled that engine manufacturer Pratt & Whitney must deliver five engines per month to the airline between August and December.
Delhi High Court has directed the Directorate General of Civil Aviation (DGCA) and other concerned parties to grant aircraft lessors of financially strained airline Go First (G8) access, inspection, and the ability to conduct maintenance on its leased aircraft at least twice a month.
Committee of Creditors (CoC) of Jet Airways informed the Supreme Court that it has expended Rs 470 crores since CIRP without any return.
MUMBAI- Cash-strapped airline Go First (G8) has submitted its revival plan to the Directorate General of Civil Aviation (DGCA), proposing a swift resumption of operations, as per reports.