Go First RP

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.

Go First (G8) Airlines resolution professional (RP) Shailendra Ajmera has approached the airlines’ financiers, seeking Rs 425 crore in interim finance to kickstart a revival plan that could facilitate the restart of operations,