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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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Law Tribunal Gives 4th Extension Of 60 Days To Go First To Complete Insolvency
The National Company Law Tribunal (NCLT) has granted an extension of 60 days to the grounded air carrier Go First for completing the insolvency process.
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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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A Court Order After Go First Lessors Want 54 Aircraft Deregistered, Returned
High Court today directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by several lessors for deregistration of their 54 planes so that they could take them back from the crisis-hit Go First airline.
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Go First Gets Another 60 Days To Complete Insolvency Process
Insolvency tribunal NCLT on Monday once again extended the deadline to complete the resolution process of grounded airline Go First by another 60 days.
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SpiceJet Submits Joint Bid To Acquire Troubled Carrier Go First
SpiceJet promoter Ajay Singh has submitted a bid, in his personal capacity - with Busy Bee Airways Pvt Ltd - to acquire the troubled Go First carrier, the airline said Friday.
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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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SpiceJet To Submit Offer To Go First After Due Diligence
The budget carrier SpiceJet said today that it will submit an offer with the resolution professional of Go First after due diligence to "create an airline in collaboration" with the bankrupt carrier.
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Go First CEO Kaushik Khona Resigns 7 Months After It Filed For Insolvency
Grounded Go First's CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings.
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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 Flight Cancellation Till November 30 Citing ''Operational Reasons''
Earlier on May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT).
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Court Allows Go First Lessors To Engage Security For Aircraft
The Delhi High Court has permitted the lessors of then crisis-hit Go First to engage security personnel round-the-clock for protecting their aircraft that are lying idle for several months.
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Go First Cancels All Flights Till September 10
Go First Airways cancelled all its flights scheduled till September 10 due to operational reasons, the airline said in a statement on Tuesday.
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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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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.
-
Law Tribunal Gives 4th Extension Of 60 Days To Go First To Complete Insolvency
The National Company Law Tribunal (NCLT) has granted an extension of 60 days to the grounded air carrier Go First for completing the insolvency process.
-
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.
-
A Court Order After Go First Lessors Want 54 Aircraft Deregistered, Returned
High Court today directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by several lessors for deregistration of their 54 planes so that they could take them back from the crisis-hit Go First airline.
-
Go First Gets Another 60 Days To Complete Insolvency Process
Insolvency tribunal NCLT on Monday once again extended the deadline to complete the resolution process of grounded airline Go First by another 60 days.
-
SpiceJet Submits Joint Bid To Acquire Troubled Carrier Go First
SpiceJet promoter Ajay Singh has submitted a bid, in his personal capacity - with Busy Bee Airways Pvt Ltd - to acquire the troubled Go First carrier, the airline said Friday.
-
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.
-
SpiceJet To Submit Offer To Go First After Due Diligence
The budget carrier SpiceJet said today that it will submit an offer with the resolution professional of Go First after due diligence to "create an airline in collaboration" with the bankrupt carrier.
-
Go First CEO Kaushik Khona Resigns 7 Months After It Filed For Insolvency
Grounded Go First's CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings.
-
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 Flight Cancellation Till November 30 Citing ''Operational Reasons''
Earlier on May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT).
-
Court Allows Go First Lessors To Engage Security For Aircraft
The Delhi High Court has permitted the lessors of then crisis-hit Go First to engage security personnel round-the-clock for protecting their aircraft that are lying idle for several months.
-
Go First Cancels All Flights Till September 10
Go First Airways cancelled all its flights scheduled till September 10 due to operational reasons, the airline said in a statement on Tuesday.
-
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.
