Key Points
Targeted by contempt petitions from aircraft lessors on non-disclosure of plane documents, bankrupt airline Go First has floated a company with its former employees to liaise with the leasing companies...
In letters to aircraft lessors, which ET has seen, Go First's resolution professional said the company has been formed "by certain Go First" employees for the "collation of aircraft records/documents"...
"Go First (through the undersigned) can also assist the lessors to engage MROs (maintenance, repair, overhaul firms) through Naik for carrying out the required maintenance of the aircraft as may have been identified through the records," said the letter...
At least then the aircraft will not go to decay," the lawyer said.. ET's queries sent to Naik of SP Mumbai Aviation, spokesperson of Go First's parent Wadia group and the resolution professional, EY's Shailendra Ajmera, did not elicit a response till press time...
It is also fighting a legal battle with engine maker Pratt & Whitney, which it has accused of being the reason for its financial troubles.. Recently, DAE (SY22) 13 Ireland Designated Activity Company, a unit of DAE Capital, recently filed a contempt petition in the Delhi High Court, accusing the resolution professional of wilfully refusing to comply with the court's orders in October..
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