On Monday, the Directorate General of Civil Aviation (DGCA), the Indian aviation watchdog, issued a show cause notice to Go First (G8), an airline owned by the Wadia Group, due to the sudden cancellation of flights and initiation of the corporate insolvency resolution process under IBC.
Go First
the NCLT is scheduled to hear two petitions for insolvency proceedings against Go First (G8), which is currently awaiting a ruling on its voluntary insolvency resolution plea.
India’s largest carrier, IndiGo (6E), has successfully launched Takeoff 2.0. A return-to-work program for women who have been on a break.
Former Jet Airways (9W) CEO Sanjiv Kapoor has shared his thoughts on the temporary shutdown of Go First (G8) Airlines. He mentioned that the closure of G8 is not good for Indian passengers.
Lufthansa, one of the prominent global airlines, has temporarily grounded one-third of SWISS’ Airbus A220 fleet in Zurich due to some technical issues with Pratt & Whitney engines
Tata Air India has posted a hiring schedule for Pilots after Go First cancels flights till May 9 and maybe till May 15. The airline has shared the schedule on its social media pages.
India’s low-cost carrier Go First (G8) has extended the suspension till May 9. The airline announced this in a notice on its social media platforms.
On Tuesday, two Go First planes headed for Mumbai were diverted to Surat, Gujarat. Both flights—one from Delhi to Mumbai and the other from Srinagar to Mumbai—were diverted and landed at the airport in Surat between 6:30 and 7 o’clock.
SpiceJet has started implementing its plan to save 25 of its idle aircraft amid the bankruptcy of Go First. The Emergency Credit Line Guarantee Scheme (ECLGS) offered by the government and increased cash inflow will be used to pay for the revival expenses.
Pratt and Whitney (PW), the company has responded to Go First’s allegation that its voluntary bankruptcy filing was due to PW’s inability to supply engines. Half of Go First’s Airbus A320neo fleet was grounded for months.