It seems like game over for Go First. A voluntary insolvency now stands at the doors of liquidation of the airline, as per media reports.
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India’s DGCA starts to deregister 54 aircraft belonging to bankrupt GoFirst Airways
GoAir/Go First finally is having its aircraft deregistered, one year after the airline declared bankruptcy.
Go First bidders plans to sell assets of Go First to repay banks and pocket the difference
Grounded and insolvent Indian carrier Go First has a buyer who wants to buy it, break it up and sell it off. Here is what the Nishant Pitti led consortium plans for Go First.
SpiceJet’s Ajay Singh and UAE-based Sky One bid for Go First
Go First has received interest from two interested parties, which include SpiceJet’s Ajay Singh and EaseMyTrip’s Nishant Pitti.
Jindal Power expresses interest in taking over Go First
Go First might have a suitor, just might. Here is what we know so far about the expression of interest by Jindal Power Limited.
Go First appeal against lessors dismissed by Supreme Court of India
The intention to take Go First to the skies met another hurdle with the Supreme Court disposing off Go First’s RP’s appeal to allow the airline to take care of the lessors’ aircraft.
As Go First prepares to resume operations, NCLT grants them rights to use leased aircraft and engines
Go First is working to resume operations and seems to have the full support of some legal bodies in India. Here is how close they are so far to resuming operations.
Go First’s restart plans include planes and money it does not have
Go First, the insolvent Indian carrier, wants to restart operations but they keep posting a rolling delay as the airline gets a lot more questions from the regulators and other authorities about their restart plans.
Go First might restart operations on May 27, 2023
Go First, which is the airline that shut operations earlier this month, might try and restart operations as of May 27, 2023. Here are some details we know.
Go First cancels flights through May 26, 2023
Go First has extended the cancellation of their flights till May 26, and the sale of their flights is halted for now.
How to stake claim for Go First refund from the airline’s insolvency proceedings
In case you still haven’t received your Go First refund, you should file a claim with the Go First Insolvency team so that your name gets reflected as a creditor to the airline when payouts are made for any remaining money with the airline.
