Key Points
Crisis-hit Go First on Wednesday extended the suspension of flight operations till May 26, citing operational reasons and expressed hope that it will be able to resume bookings shortly...
Go First, which is undergoing insolvency resolution proceedings, stopped flying from May 3. Further, aviation regulator DGCA had directed the cash-strapped airline to stop bookings till further orders...
In an update on its website, the budget carrier, said that due to operational reasons, "flights until 26th May 2023 are cancelled"...
"A full refund will be issued to the original mode of payment shortly... as you are aware, the company has filed an application for immediate resolution and revival of operations..
The National Company Law Tribunal (NCLT) admitted the airline's voluntary plea insolvency resolution proceedings on May 10..
You might be interested in
Go First airline gets 90-day breather from NCLT
24, Nov, 23The National Company Law Tribunal (NCLT) on Thursday extended the moratorium for the Wadia-owned airline Go First under the Corporate Insolvency Resolution Proc
NCLT grants GoFirst’s insolvency plea
10, May, 23The National Company Law Tribunal on May 10 admitted Go First’s plea for insolvency and granted protection under a moratorium from recoveries by lessors and lenders.
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.
NCLT initiates insolvency proceedings for Go First
10, May, 23The tribunal said that the suspended board of directors should extend support to the IRP and ensure that no layoffs take place. It further asked the management to deposit ₹5crore for immediate expenses
Go First cancels all flights till May 28, citing operational reasons
24, Feb, 24India Business News: Budget airline Go First has cancelled all its flights till May 28, citing operational reasons. Earlier, the airlines had cancelled flights till May 26
NCLAT upholds Go First bankruptcy proceedings in a setback to lessors
22, May, 23An Indian appeals tribunal on Monday upheld the insolvency proceedings against cash-strapped airline Go First in a setback to efforts of its lessors to repossess their aircraft.
NCLT reserves order on Go First's plea for insolvency resolution proceedings
04, May, 23The National Company Law Tribunal (NCLT) on May 4 reserved its order on crisis-hit airline Go First’s plea seeking voluntary insolvency resolution proceedings.
Law Tribunal Stays Insolvency Proceedings Against Zee Entertainment
24, Feb, 23Earlier today, Zee Entertainment Enterprises Ltd had told the tribunal that its merger with a local unit of Japan's Sony will "get stuck" due to the initiation of insolvency proceedings against the company.
Go First crisis: Airline extends flight cancellations till May 28
25, May, 23Go First crisis: Airline extends flight cancellations till May 28