Indian ULCC Go First (G8) intends to increase the monthly salaries of its pilots, for captains, by Rs 100,000 ($1,211) and first officers, by Rs 50,000.
Go First
Go First is preparing to request approval early next week to resume operations, offering three fleet-size options based on the number of aircraft lessors can reclaim.
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.
Leslie Thng, CEO of Scoot, the airline’s low-cost subsidiary, stated on Wednesday that none of the Airbus A320neo aircraft in the Singapore Airlines group with Pratt & Whitney engines are currently grounded due to a lack of spares.
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.
More than 22% of India’s fleet is grounded due to engine issues or maintenance, which will put pressure on the country’s aviation business shortly.
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).
According to sources familiar with the matter, Go First (G8), a low-cost airline, plans to resume its flights by May 24th.
Tata Group, India’s largest Conglomerate and parent company of Air India (AI) and India’s biggest carrier, IndiGo (6E), are in talks to take the Airbus A320 planes from the troubled Go First (G8) airlines.