Key Points
New Delhi: The Directorate General of Civil Aviation (DGCA) is currently assessing the flight resumption plan submitted by bankrupt airline Go First, civil aviation minister Jyotiraditya Scindia said on Wednesday...
The Mumbai-based airline suspended operations from 3 May, having voluntarily filed for insolvency in the National Company Law Tribunal a day earlier..
The low-cost airline had a market share of around 7% as of March with over 300 flights a day around the time it suspended operations..
Data from the travel website Ixigo showed last-minute airfares for flights on routes with a strong presence of Go First, such as Delhi-Pune have risen to approximately 16,000 from a little over 6,000 in the last week of April..
As a result, the civil aviation ministry has asked airlines to self-monitor air fares . . "Capacity squeeze has resulted in seat load factor going to new highs..
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