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Law Tribunal Orders Liquidation Of Go First Airline: Report
An Indian tribunal has ordered the liquidation of Go First Airways after a request from the cash-strapped airline's lenders, a report said.
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Deregistered Go First Planes To Take Longer To Leave India. Here's Why
Out of the 54 deregistered planes, around 24 that were in a flying condition when the airline stopped operations last May have not undergone continued maintenance while 30 are without engines and spare parts.
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Go First's Lenders Seek Investor Bids By January 31: Report
Lenders to India's Go First have set January 31 as the deadline for financial bids to acquire the airline, two banking sources said on Sunday.
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Go First Lenders To Vote On Liquidation Amid Lack Of Suitors: Report
Go First airline's lenders will vote on a proposal to liquidate the insolvent Indian airline, two banking sources told Reuters on Thursday, days after a deadline to bid for the company ended with no suitors.
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Go First Extends Flights Cancellations Till August 31
Go First airlines, which has been grounded since early May, has announced a further extension of flight cancellations till August 31, the airline announced on Monday.
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Fan Blades, Escape Slides Among Parts Missing From Go First Jets: Lessor
From fan blades to escape slides, critical parts are missing from at least two planes of India's bankrupt Go First airline, its Ireland-based lessor ACG Aircraft Leasing told the Delhi High Court.
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Delhi High Court Permits Go First To Maintain Leased Aircraft
The Delhi High Court on Wednesday permitted crisis-hit Go First airline to carry out the maintenance of aircraft leased to it while allowing the lessors to inspect the planes periodically.
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Aviation Body DGCA To Conduct Special Audit Of Go First Facilities Next Week
Aviation watchdog DGCA will conduct a special audit of grounded airline Go First's facilities in the national capital and Mumbai from July 4 to 6 before approving the revival plan for the resumption of flights, according to a senior official.
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Tribunal Issues Notice To Go First On Plea By Delhivery, Asks To File Reply In 2 Weeks
A two-member bench of the NCLT directed the IRP to file a reply within two weeks and listed the matter on July 24 for the next hearing.
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Go First Extends Flight Cancellations Till June 7, Tickets To Be Refunded
Crisis-hit Go First Airlines on Friday informed that its scheduled flight operations will remain cancelled till June 7, adding that a full refund will be issued to the passengers.
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Go First Flights To Remain Cancelled Till May 30, Cites Operational Reasons
Go First Airlines on Saturday announced that its flight operations will remain cancelled till May 30 adding that a full refund will be issued to the passengers.
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Troubled Airline Go First Cancels All Flights Till May 28
Budget airline Go First has cancelled all its flights till May 28, citing operational reasons.
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"May Take Action" If There Is Unbridled Hike In Air Fares, Says Government
The Ministry of Civil Aviation (MoCA) has advised top officials of airline companies that the government will be forced to take concrete action if there is an unbridled hike in air fares, especially in the sector where Go First has stopped operation.
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"Maintain Balance" While Pricing Tickets: Government To Airlines
The government has asked airlines to exercise moderation and ensure a balance in pricing of air tickets amid a spike in airfares on certain routes especially after suspension of flights by crisis-hit Go First, according to a senior official.
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"Will Have No Consequence": Go First On Termination Of Aircraft Leases
Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday said.
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Law Tribunal Orders Liquidation Of Go First Airline: Report
An Indian tribunal has ordered the liquidation of Go First Airways after a request from the cash-strapped airline's lenders, a report said.
-
Deregistered Go First Planes To Take Longer To Leave India. Here's Why
Out of the 54 deregistered planes, around 24 that were in a flying condition when the airline stopped operations last May have not undergone continued maintenance while 30 are without engines and spare parts.
-
Go First's Lenders Seek Investor Bids By January 31: Report
Lenders to India's Go First have set January 31 as the deadline for financial bids to acquire the airline, two banking sources said on Sunday.
-
Go First Lenders To Vote On Liquidation Amid Lack Of Suitors: Report
Go First airline's lenders will vote on a proposal to liquidate the insolvent Indian airline, two banking sources told Reuters on Thursday, days after a deadline to bid for the company ended with no suitors.
-
Go First Extends Flights Cancellations Till August 31
Go First airlines, which has been grounded since early May, has announced a further extension of flight cancellations till August 31, the airline announced on Monday.
-
Fan Blades, Escape Slides Among Parts Missing From Go First Jets: Lessor
From fan blades to escape slides, critical parts are missing from at least two planes of India's bankrupt Go First airline, its Ireland-based lessor ACG Aircraft Leasing told the Delhi High Court.
-
Delhi High Court Permits Go First To Maintain Leased Aircraft
The Delhi High Court on Wednesday permitted crisis-hit Go First airline to carry out the maintenance of aircraft leased to it while allowing the lessors to inspect the planes periodically.
-
Aviation Body DGCA To Conduct Special Audit Of Go First Facilities Next Week
Aviation watchdog DGCA will conduct a special audit of grounded airline Go First's facilities in the national capital and Mumbai from July 4 to 6 before approving the revival plan for the resumption of flights, according to a senior official.
-
Tribunal Issues Notice To Go First On Plea By Delhivery, Asks To File Reply In 2 Weeks
A two-member bench of the NCLT directed the IRP to file a reply within two weeks and listed the matter on July 24 for the next hearing.
-
Go First Extends Flight Cancellations Till June 7, Tickets To Be Refunded
Crisis-hit Go First Airlines on Friday informed that its scheduled flight operations will remain cancelled till June 7, adding that a full refund will be issued to the passengers.
-
Go First Flights To Remain Cancelled Till May 30, Cites Operational Reasons
Go First Airlines on Saturday announced that its flight operations will remain cancelled till May 30 adding that a full refund will be issued to the passengers.
-
Troubled Airline Go First Cancels All Flights Till May 28
Budget airline Go First has cancelled all its flights till May 28, citing operational reasons.
-
"May Take Action" If There Is Unbridled Hike In Air Fares, Says Government
The Ministry of Civil Aviation (MoCA) has advised top officials of airline companies that the government will be forced to take concrete action if there is an unbridled hike in air fares, especially in the sector where Go First has stopped operation.
-
"Maintain Balance" While Pricing Tickets: Government To Airlines
The government has asked airlines to exercise moderation and ensure a balance in pricing of air tickets amid a spike in airfares on certain routes especially after suspension of flights by crisis-hit Go First, according to a senior official.
-
"Will Have No Consequence": Go First On Termination Of Aircraft Leases
Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday said.
