Key Points
Indian aviation regulator DGCA has accepted cash-strapped airline Go First's resumption plan, but subject to certain conditions..
The airline had won the bid from the Ministry of Defence to operate most of those flights...
The regulator which did a safety audit of the airlines preparedness has truncated its original plan approving it to operate 15 aircraft with 114 flights daily...
The DGCA has asked the RP to submit the proposed flight schedule, commensurate with the available resources in terms of airworthy aircraft, qualified pilots, cabin crew, AMEs, flight dispatchers etc after making the requisite arrangements for commencing the scheduled flight operations, including the interim funding that is required the resume services...
The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker for its inability to promptly meet obligations - leading to the grounding of a portion of its fleet...
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DGCA approves Go First’s flight resumption plan with certain conditions
21, Jul, 23Aviation regulator DGCA on Friday said it has approved Go First’s plan to restart operations with 15 aircraft and 114 daily flights, subject to certain conditions.
Go First extends flight cancellations till June 7, due to operational reasons
02, Jun, 23In an announcement issued online, the airline said all Go First flights scheduled till 7 June, 2023, have been cancelled. Go First said that full refund will be issued to the original mode of payment shortly.
Go First submits re-launch plan, hopes to restart operations in two weeks: Reports
02, Jun, 23Go first will start its operations with 26 aircraft, operating over 150 daily flights, the report said. It will begin operations in metro cities first. The relaunch plan is likely to be funded by the lenders. The aviation regulator is expected to take a call on the airline's re-launch plan by next week, the report further said. The cash-strapped airline, which grounded flights on May 3, had on May 30 extended the suspension of its operations till June
Go First struggles to revive operations, cancels flights till July 10
05, Jul, 23Crisis-hit Go First has been out of action since May 3, reflecting the difficulties faced by the airline.
Go First extends flight cancellation till July 30
30, Jul, 23On May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker, Pratt & Whitney, for its inability to promptly meet obligations -- leading to the grounding of a portion of its fleet.
Order on Go First insolvency today
10, May, 23Sources said that if Go First fails to receive any relief on this front, the DGCA will have to take call on the demand of the lessors to deregister the aircraft.
Go First plans to restart operations with 26 planes, 152 daily flights; submits plan to DGCA
02, Jun, 23The source said the airline management is awaiting the nod from the Directorate General of Civil Aviation (DGCA) for the revival plan and operations will resume soon after the regulator's approval.
Go First gets green signal from DGCA to resume operations
21, Jul, 23The flight regulator said that Go First can commence flights only if it complies with all the applicable regulatory requirements for holding an Air Operator Certificate
Go First plans to restart flights from 24 May
10, May, 23The airline has discussed the resumption plans with the government. The current management which will now be superseded by a court appointed resolution professional of consultancy firm Alvarez & Marsal will hold a meeting tomorrow following which it will approach the government to resume bookings.