Sat, Feb 24, 2024
Go First's resolution professional, who conducts the bankruptcy process, Singh and Spicejet did not respond to emails seeking comment.
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Wed, Oct 04, 2023
The government's notification to exempt transactions involving aircraft, aircraft engines, and helicopters from the Insolvency and Bankruptcy Code (IBC) comes amid the ongoing insolvency proceedings of Go First, the Wadia Group-owned airline.
Fri, Sep 01, 2023
A two-member NCLAT bench on Thursday disposed of the plea filed by the aircraft lessor for inspection.
Sat, Aug 26, 2023
Go First and many of its foreign lessors have been locked in a legal dispute for months after the airline was granted bankruptcy protection in India in May.
Tue, Aug 08, 2023
Go First said that the company has filed an application for immediate resolution and revival of operations and is optimistic about resuming bookings shortly.
Thu, Jul 27, 2023
Go First flights can start from next week, first charter, then normal flights can start
Fri, Jul 21, 2023
Go First flight resumption plan: Go First may resume scheduled flight operations on the availability of interim funding and approval of flights scheduled by DGCA, the release said.
Tue, Jul 11, 2023
The Directorate General of Civil Aviation (DGCA) is analysing the report of the special audit of grounded Go First, which is undergoing insolvency resolution process, a senior official said on Tuesday.
Mon, Jul 10, 2023
GoFirst facing financial crisis is now ready to be sold, Resolution professional called for EoI, know full details in this video
Thu, May 25, 2023
Accordingly, DGCA has advised the airline on 24.05.2023 to submit, within a period of 30 days, a comprehensive restructuring/revival plan for a sustainable revival of operations.
Fri, May 12, 2023
Go First Crisis: Boeing India President Salil Gupte said it is "never a positive" when an airline runs into financial challenges because it takes a toll on the management, employees, all stakeholders and also puts a strain on the overall transport infrastructure.
Thu, May 11, 2023
After filing for insolvency, Go First Airways is set to resume flights with a smaller operation starting from May 24th. The airline recently cancelled all its flights until May 19th and is set to undergo a voluntary insolvency resolution process. The current management is to be replaced by a court-appointed resolution professional.
Fri, May 05, 2023
"... Due to operational reasons, Go First flights scheduled till 12th May 2023 have been cancelled," the airline said in a tweet.
Wed, May 03, 2023
Go First Airways filed for insolvency resolution proceedings in the National Company Law Tribunal and announced that it will suspend its flight operations from May 3-5. But why did the airline take this drastic step at the time domestic air travel is soaring?
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