Go First extends flight cancellations till June 30
1 year, 5 months ago

Go First extends flight cancellations till June 30

India TV News  

Go First update: Go First, an airline facing a crisis, has announced that its scheduled flight operations will continue to be cancelled until June 30 for operational reasons. Early this May, Go First filed for bankruptcy at the National Company Law Tribunal and suspended its flight operations due to rising losses, primarily due to delays in the delivery of Pratt and Whitney's engines leading to the grounding of a portion of its fleet. "We regret to inform you that due to operational reasons, Go First flights scheduled till 30th June 2023 have been cancelled. We thank you for your patience," the airline said.There were reports that the grounding of the Go First flights had put pressure on airfares, particularly on select routes where the now-grounded airline had its footprint.

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History of this topic

Court ruling takes the wind off GoFirst insolvency resolution
7 months, 3 weeks ago

Court ruling takes the wind off GoFirst insolvency resolution

New Indian Express  

The Delhi High Court’s recent order allowing the Directorate General of Civil Aviation to process the applications filed by several lessors for deregistration of 54 planes is a body blow to the resolution process of Go First. Go First has been going through the insolvency resolution process since May 10 last year. The airline’s process is being overseen by resolution …

SpiceJet along with Busy Bee Airways submit bid for bankrupt Go First
10 months, 1 week ago

SpiceJet along with Busy Bee Airways submit bid for bankrupt Go First

New Indian Express  

NEW DELHI: SpiceJet chief Ajay Singh, along with Busy Bee Airways, have submitted a bid for bankrupt Go First. In a release on Friday, SpiceJet said the bid has been submitted by Singh in his personal capacity, along with Busy Bee Airways Pvt Ltd. "SpiceJet's role as the operating partner for the new airline involves providing essential staff, services, and …

Go Airlines| NCLT Delhi Permits Go Airlines To Resume Operations
1 year, 4 months ago

Go Airlines| NCLT Delhi Permits Go Airlines To Resume Operations

Live Law  

The National Company Law Tribunal, New Delhi Bench, comprising of Shri Mahendra Khandelwal and Shri Rahul Bhatnagar, while adjudicating a petition filed by Go Airlines Limited, has permitted Go Airlines to operate the leased aircrafts in order to maintain the company’s status as a going concern. Accordingly, the Lessors filed an application under Section 60 of IBC before the NCLT …

Go First gets claims worth ₹23,777 crore from creditors
1 year, 5 months ago

Go First gets claims worth ₹23,777 crore from creditors

Live Mint  

Go Airlines Ltd has received claims totaling ₹23,777 crore from both operational and financial creditors as part of its ongoing insolvency process, according to two banking sources who spoke to Reuters. The resolution professional overseeing Go Airlines is yet to authenticate the validity of the claims and did not promptly respond to a request for comment from Reuters via email. …

DGCA approves Go First's flight resumption plan with certain conditions
1 year, 5 months ago

DGCA approves Go First's flight resumption plan with certain conditions

The Hindu  

Aviation regulator DGCA on July 21 said it has approved Go First's plan to restart operations with 15 aircraft and 114 daily flights, subject to certain conditions. In a release, the Directorate General of Civil Aviation said the airline's resumption plan for operating 15 aircraft and 114 daily flights has been reviewed and accepted. Go First may resume scheduled flight …

DGCA accepts Go First resumption plan, sets riders
1 year, 5 months ago

DGCA accepts Go First resumption plan, sets riders

Live Mint  

Go First may resume scheduled flight operations on the availability of interim funding and approval of flight schedule by DGCA and the aviation regulator said it has approved Go First's plan to restart operations with 15 aircraft and 114 daily flights, subject to certain conditions. In a release, the Directorate General of Civil Aviation said the airline's resumption plan for …

Go First flights cancelled until July 16
1 year, 5 months ago

Go First flights cancelled until July 16

Live Mint  

Go First flights have been cancelled until July 16. We thank you for your patience.” “Kindly contact our Customer Care Centre on 1800 2100 999 or write to us at [email protected] to let us know how we can help you,” Team Go First further said. On July 12, the Delhi High Court permitted crisis-hit Go First airline to carry out …

GoFirst cancellations continue, flights now scrapped till July 10
1 year, 5 months ago

GoFirst cancellations continue, flights now scrapped till July 10

Live Mint  

GoFirst announced a fresh tranche of flight cancellations on Tuesday as it remains embroiled in insolvency proceedings. "We regret to inform you that due to operational reasons, Go First flights scheduled till 10th June 2023 have been cancelled. Cash-strapped GoFirst airline have been grounded since 3 May and flights had previously been cancelled till 28 June.dgca The aviation regulator Directorate …

Go First cancellations continue, flights now scrapped till June 28
1 year, 6 months ago

Go First cancellations continue, flights now scrapped till June 28

Live Mint  

GoFirst announced a fresh tranche of flight cancellations on Saturday as it remains embroiled in insolvency proceedings. Flights have now been cancelled till June 28 - marking nearly two months of travel disruptions. "We regret to inform you that due to operational reasons, Go First flights scheduled till 28th June 2023 have been cancelled. Aircraft of the cash-strapped carrier have …

GoFirst flights grounded for almost 2 months after it filed 'insolvency' | READ
1 year, 6 months ago

GoFirst flights grounded for almost 2 months after it filed 'insolvency' | READ

India TV News  

Go First update: Crisis-hit airline Go First on Wednesday announced that its scheduled flight operations will remain cancelled till June 25 due to operational reasons. Earlier, the airline said that operations would remain cancelled till June 22. Early this May, Go First filed for bankruptcy at the National Company Law Tribunal and suspended its flight operations due to rising losses, …

Go First Extends Flight Cancellations Until June 25, Details Inside
1 year, 6 months ago

Go First Extends Flight Cancellations Until June 25, Details Inside

News 18  

Go First recently announced that its scheduled flight operations will remain cancelled until June 25. Taking to Twitter, Go First expressed its regret over the extended flight cancellations, stating, “We regret to inform you that due to operational reasons, Go First flights scheduled until June 25, 2023, have been cancelled. pic.twitter.com/bHoICy3hzo— GO FIRST June 21, 2023 The company further emphasized …

GoFirst cancels flight operations till June 25 due to operational reasons
1 year, 6 months ago

GoFirst cancels flight operations till June 25 due to operational reasons

Hindustan Times  

Crisis-hit airline Go First on Wednesday announced that its scheduled flight operations will remain cancelled till June 25 due to operational reasons. Earlier, the airline said that operations would remain cancelled till June 22. GoFirst cancels flight operations till June 25 due to operational reasons Aircraft of the cash-strapped carrier have been grounded since May 3. "We regret to inform …

Go First Extends Flight Cancellation Until June 22nd, Here's Why
1 year, 6 months ago

Go First Extends Flight Cancellation Until June 22nd, Here's Why

News 18  

In a surprising turn of events, Go First, one of India’s prominent airlines, has announced the cancellation of all flights until the 22nd of June 2023. Due to operational reasons, Go First flights until 22nd June 2023 are cancelled. pic.twitter.com/BuKj9YvrSo— GO FIRST June 19, 2023 This cancellation provides a logistical challenge for the impacted passengers. The cancellation of flights up …

Go First looks to resume flights by end June; Shailendra Ajmera gets NCLT nod
1 year, 6 months ago

Go First looks to resume flights by end June; Shailendra Ajmera gets NCLT nod

Live Mint  

Beleaguered domestic carrier Go First is now looking to resume flights by the end of June. The indication came even as the National Company Law Tribunal approved the appointment of Shailendra Ajmera as Go First’s Resolution Professional. The crisis-hit airline also extended its ongoing string of flight cancellations on Thursday evening, citing “operational reasons” to scrap all flights till June …

Go First extends flight cancellations till June 16
1 year, 6 months ago

Go First extends flight cancellations till June 16

Deccan Chronicle  

NEW DELHI: Crisis-hit airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers. "We regret to inform you that due to operational reasons, Go First flights scheduled till June 16, 2023, have been cancelled. We apologize for the inconvenience caused by the …

Go First now cancels all scheduled flights till June 4
1 year, 6 months ago

Go First now cancels all scheduled flights till June 4

The Hindu  

Crisis-hit Go First Airlines on Tuesday informed that its scheduled flight operations will remain cancelled till June 4, adding that a full refund will be issued to the passengers. The Directorate General of Civil Aviation last week advised Go First Airlines to submit a comprehensive restructuring plan for a sustainable revival of operations. A senior DGCA official earlier said that …

Crisis-hit Go First further cancels its flights till June 4, assures full refund
1 year, 6 months ago

Crisis-hit Go First further cancels its flights till June 4, assures full refund

Hindustan Times  

Crisis-hit Go First Airlines on Tuesday informed that its scheduled flight operations will remain cancelled till June 4, adding that a full refund will be issued to the passengers. Go First earlier filed for insolvency resolution proceedings in the National Company Law Tribunal The airline operator had recently filed for voluntary insolvency. The Directorate General of Civil Aviation last week …

Cash-strapped Go First Airlines to suspend flights till May 30, offers full refund to passengers
1 year, 6 months ago

Cash-strapped Go First Airlines to suspend flights till May 30, offers full refund to passengers

Firstpost  

Indian airline carrier Go Air announced on Saturday that all of its operations will remain suspended till the end of the month assuring that passengers will receive a full refund on their previous bookings. pic.twitter.com/norPCJLYD1 — GO FIRST May 26, 2023 Meanwhile, the Directorate General of Civil Aviation has instructed Go Air to submit a comprehensive plan of restructuring for …

Cash-strapped Go First cancels all flights till May 30, assures ‘full refund’
1 year, 6 months ago

Cash-strapped Go First cancels all flights till May 30, assures ‘full refund’

Hindustan Times  

Go First airlines on Saturday announced that its flight operations will remain cancelled till May 30 adding that a full refund will be issued to the passengers. The official media account of Go First airlines took to Twitter and said, "Due to operational reasons, Go First flights until May 30, 2023, are cancelled. "We regret to inform you that due …

Submit revival plan for sustainable operations in 30 days, DGCA tells Go First
1 year, 6 months ago

Submit revival plan for sustainable operations in 30 days, DGCA tells Go First

Hindustan Times  

The Directorate General of Civil Aviation has asked Go First to submit a comprehensive revival plan for sustainable operations in 30 days, the regulator said on Thursday. The cash-strapped airline, which abruptly stopped operations on May 3, earlier submitted a response to DGCA’s show cause notice dated May 8 without giving a timeline for the resumption of flights. The regulator …

Go First crisis: Airline has to pass crucial DGCA test before resuming operations
1 year, 7 months ago

Go First crisis: Airline has to pass crucial DGCA test before resuming operations

India Today  

The Indian aviation regulator will conduct an audit of cash-strapped carrier Go First's preparedness to restart its operations, the company said on Tuesday night in an internal memo. The Directorate General of Civil Aviation will conduct the audit in the coming days, with operations commencing following the regulator's approval, Rajit Ranjan, vice president of flight operations, told employees. The memo …

All flights of Go First canceled till May 26, how to get refunds and change flights
1 year, 7 months ago

All flights of Go First canceled till May 26, how to get refunds and change flights

Op India  

On Wednesday, May 17, crisis-hit Go First Airlines announced that the cancellation of its flight operations has been extended till May 26 due to “operational reasons”. In a notice published on the website of Go First Airlines, it stated that the company has filed an application for immediate resolution and revival of operations adding that it may resume bookings soon. …

Cash-strapped Go First extends suspension of flight operations till May 26
1 year, 7 months ago

Cash-strapped Go First extends suspension of flight operations till May 26

Hindustan Times  

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. The National Company Law Tribunal admitted the airline's voluntary plea insolvency resolution proceedings on May 10 Go First, which is undergoing insolvency resolution proceedings, stopped flying from May 3. The National …

Go First to resume flight operations from May 27: Report
1 year, 7 months ago

Go First to resume flight operations from May 27: Report

Live Mint  

Go First, which recently filed for bankruptcy, is reportedly planning to resume flight operations from May 27, according to insiders familiar with the low-cost airline's strategy. Go First earlier announced the cancellation of all flights until May 26 due to financial losses resulting from persistent engine issues, leading to unviable flight operations. While initial expectations hinted at a partial resumption …

Not great for civil aviation: Jyotiraditya Scindia reacts to Go First crisis
1 year, 7 months ago

Not great for civil aviation: Jyotiraditya Scindia reacts to Go First crisis

India Today  

Not great, said Civil Aviation Minister Jyotiraditya Scindia about the Go First airline undergoing a financial crisis. In its insolvency petition to the National Company Law Tribunal, Go First airline had blamed US aerospace manufacturer Pratt and Whitney for its financial troubles. The aviation regulator took action immediately and is waiting for Go First's plan to resume flights," Scindia said. …

Want resumption of flights, airline have to submit its plan to DGCA: Aviation Minister on Go First crisis
1 year, 7 months ago

Want resumption of flights, airline have to submit its plan to DGCA: Aviation Minister on Go First crisis

India TV News  

Go First Crisis: Union Civil Aviation Minister Jyotiraditya Scindia while speaking on the Go First insolvency matter said that the airline has to submit their plan to DGCA about the number of planes and routes following which the aviation watchdog will decide on how to take it forward. On Wednesday, the crisis-hit Go First extended the suspension of flight operations …

Explained: Why Go First crisis could increase cost of air travel in India
1 year, 7 months ago

Explained: Why Go First crisis could increase cost of air travel in India

India Today  

The admission of beleaguered low-cost airline Go First’s voluntary insolvency plea by the National Company Law Tribunal has upset global aircraft lessors – a development that could significantly increase the cost of operations for airlines, and subsequently increase the cost of flying. Following the NCLT’s decision to accept Go First’s voluntary insolvency plea, the world’s second-largest aircraft lessor, SMBC Aviation …

Go First's insolvency flight leaves trail of concerns for aircraft lessors
1 year, 7 months ago

Go First's insolvency flight leaves trail of concerns for aircraft lessors

Firstpost  

At least 50 requests to take back as many leased planes from two Indian airlines in less than two weeks. Cash-strapped Go First being admitted for insolvency resolution proceedings on a voluntary plea and subsequent moratorium has left a trail of concerns and uncertainties for aircraft lessors with respect to India, the world’s third-largest aviation market. Regional airline Star Air’s …

Go First crisis will not change Indian aviation's growth trajectory: Boeing
1 year, 7 months ago

Go First crisis will not change Indian aviation's growth trajectory: Boeing

Firstpost  

US aircraft maker Boeing on Friday said the crisis at Go First will not change the trajectory of the Indian civil aviation market in terms of growth and macro trends while legislative clarity on aircraft leasing aspects will provide more comfort to the lessors. Against the backdrop of insolvency proceedings being initiated against cash-strapped Go First, Boeing India President Salil …

Go First insolvency: What happened so far with the domestic carrier?
1 year, 7 months ago

Go First insolvency: What happened so far with the domestic carrier?

Hindustan Times  

After more than a week of uncertainties, the skies seem to be more clear for the cash-starved airline Go First. Following is the brief chronology of developments in the last nine days. Go First filed for insolvency resolution proceedings in the National Company Law Tribunal. Read here: NCLT initiates Go First airline’s plea to initiate insolvency resolution May 2 - …

Go First cancels all flights till 19 May
1 year, 7 months ago

Go First cancels all flights till 19 May

Live Mint  

Due to operational reasons, Go First flights are cancelled until 19th May, according to the airline. “We regret to inform that due to operational reasons, Go First flights scheduled till 19th May 2023 have been cancelled. An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines Ltd, a move that will help the country's fourth-largest carrier attempt to revive …

Will respond to DGCA notice in due course: Go First
1 year, 7 months ago

Will respond to DGCA notice in due course: Go First

Firstpost  

Go First on Tuesday said the airline will respond to the notice of civil aviation regulator the DGCA in due course. The budget airline also said it had already stopped taking bookings, before the Directorate General of Civil Aviation issued the notice. A Go First spokesperson in a statement said, “To reduce the inconvenience to the passengers, we had already …

Go Airlines asks tribunal to urgently pass order on insolvency plea
1 year, 7 months ago

Go Airlines asks tribunal to urgently pass order on insolvency plea

The Hindu  

Go Airlines on Monday asked the National Company Law Tribunal to urgently pass an order on its insolvency plea, citing lessors' efforts to take back planes, per the court hearing. On Monday, Go First lawyers told the tribunal to urgently pass an order on the airline's insolvency plea, saying its lessors had moved to repossess the planes even as bankruptcy …

Travel agents struggle with refunds as Go First extends cancellations
1 year, 7 months ago

Travel agents struggle with refunds as Go First extends cancellations

Hindustan Times  

A day after budget carrier Go First, which has filed for bankruptcy, extended flight cancellations by another three days to May 12, the Travel Agents Association of India on Saturday said that its members couldn’t refund passengers without the airline refunding them. “Hundreds of travel agents across the country have placed substantial deposits with your airline in a credit shell …

Cash-strapped Go First cancels all flights till May 12, promises refunds
1 year, 7 months ago

Cash-strapped Go First cancels all flights till May 12, promises refunds

Hindustan Times  

Cash-strapped airline Go First on Friday announced the suspension of flights till May 12. On Thursday, Go First had announced that it had suspended flights till May 9. On Tuesday, Go First filed for insolvency resolution proceedings in the National Company Law Tribunal. "Go First has intimated that they have suspended sale of their flights till 15 May 2023 and …

GoFirst crisis: Wadia Group seeking a one-time settlement offer
1 year, 7 months ago

GoFirst crisis: Wadia Group seeking a one-time settlement offer

Live Mint  

The Wadia Group, which owns the struggling airline Go First, is expected to request a settlement with banks that would involve creditors accepting a significant reduction in the amount owed, The Financial Express has reported. This means that the airline itself initiated the insolvency proceedings instead of creditors taking the debtor to the National Company Law Tribunal for debt recovery. …

Go First extends flight cancellations till May 9, suspends bookings till May 15
1 year, 7 months ago

Go First extends flight cancellations till May 9, suspends bookings till May 15

The Hindu  

Budget airline Go First on Thursday extended flight cancellations until May 9 and informed the DGCA that it would not be taking any further bookings till May 15, on a day the National Company Law Tribunal reserved its judgment on the airline’s plea for insolvency proceedings and an interim moratorium on lessors re-possessing its planes. Go First also informed aviation …

NCLT reserves order on Go First's plea for insolvency resolution proceedings
1 year, 7 months ago

NCLT reserves order on Go First's plea for insolvency resolution proceedings

The Hindu  

The National Company Law Tribunal on May 4 reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings. A two-member bench headed by President Justice Ramalingam Sudhakar concluded the day-long hearing during which the Wadia group-controlled airline sought initiation of insolvency resolution proceedings and an interim moratorium on its financial obligations. The Directorate General of Civil …

Go First suspends sale of tickets till May 15; DGCA directs refund to passengers
1 year, 7 months ago

Go First suspends sale of tickets till May 15; DGCA directs refund to passengers

Hindustan Times  

Go First has informed the aviation regulator that they have suspended their sale of tickets till May 15, the Directorate General of Civil Aviation said on Thursday. On Tuesday, Go First filed for insolvency resolution proceedings in the National Company Law Tribunal “Go First has intimated that they have suspended sale of their flights till 15th May 2023 and are …

Go First cancels all flights till May 9; suspends bookings till May 15
1 year, 7 months ago

Go First cancels all flights till May 9; suspends bookings till May 15

The Hindu  

Budget airline Go First on Thursday extended flight cancellations until May 9 and informed the DGCA that it would not be taking any further bookings till May 15 on a day the National Company Law Tribunal reserved its judgment on the airline’s plea for insolvency proceedings and an interim moratorium on lessors re-possessing its planes. pic.twitter.com/mr3ak4lJjX — GO FIRST May …

Cash-strapped Go First stops ticket sales till May 15, DGCA orders full refunds
1 year, 7 months ago

Cash-strapped Go First stops ticket sales till May 15, DGCA orders full refunds

Hindustan Times  

Days after it filed for voluntary insolvency before the National Company Law Tribunal, cash-strapped airline Go First has informed the Directorate General of Civil Aviation that it has suspended the sale of tickets till May 15. In a statement, the aviation regulator referred to the showcause notice issued to the airline, and said that Go First had intimated that they …

Go First’s NCLT hearing: Cash-strapped Airline seeks interim moratorium
1 year, 7 months ago

Go First’s NCLT hearing: Cash-strapped Airline seeks interim moratorium

Live Mint  

Cash-strapped budget airline Go First has sought an interim moratorium as the Delhi chapter of the National Company Law Tribunal began hearing its voluntary insolvency plea on Thursday. The budget carrier, on Tuesday, cited the grounding of more than half of the fleet due to non-supply of engines by Pratt & Whitney as the reason for its financial crunch The …

‘Go First didn’t pay full refund,’ customers say as flight remain suspended
1 year, 7 months ago

‘Go First didn’t pay full refund,’ customers say as flight remain suspended

Live Mint  

As Go First flights remain suspended for the second day, some passengers who had already booked their tickets complain that the airline is not giving them full refunds as promised. Go First Airlines, which filed for bankruptcy on Tuesday, announced that its flight operations will remain cancelled from May 3 to May 5 adding that a full refund will be …

Go First grounding is boon for rivals, bane for travellers
1 year, 7 months ago

Go First grounding is boon for rivals, bane for travellers

Live Mint  

New Delhi: The suspension of Go First’s flight operations has inconvenienced thousands of travellers but has also opened a window of opportunity for rivals who are swiftly ramping up capacity to capitalize on the sudden reduction of available flights in the Indian aviation market. The fares on routes such as Delhi-Leh, Delhi-Bagdogra, Delhi-Srinagar, Mumbai-Goa, and flights to Port Blair may …

With Go First’s fate up in air, staff head for exits
1 year, 7 months ago

With Go First’s fate up in air, staff head for exits

Live Mint  

Employees of Go First airline, which filed for bankruptcy on Tuesday, are wasting no time seeking new job opportunities as rival airlines expand operations, unlike employees of grounded Jet Airways, who held on to the futile hope of a revival for more than four years. Adding to the uncertainty surrounding Go First’s future, parent Go Airlines Ltd has fallen behind …

Go First flights grounded as airline suspends operations
1 year, 7 months ago

Go First flights grounded as airline suspends operations

The Hindu  

More than 20 flights of beleaguered airline Go First were grounded on Wednesday at the Kempegowda International Airport. The airline, which has filed for bankruptcy with the National Company Law Tribunal and also suspended flights scheduled between May 3 and 5, operates between 20 and 25 flights daily from Bengaluru. Mounting loss However, with the suspension of flights due to …

Go First moves NCLT, says total dues to creditors at over ₹11k crore
1 year, 7 months ago

Go First moves NCLT, says total dues to creditors at over ₹11k crore

The Hindu  

Go First approached the National Company Law Tribunal on Wednesday and sought the admission of its insolvency plea. According to Reuters, the airline in its petition before the court said that its total liabilities to all creditors stood at ₹11,463 crore, which includes dues to banks, financial institutions, vendors and aircraft lessors. The petition lists Central Bank of India Ltd., …

Airfares likely to rise as Go First cancellations reduce capacity: TAAI
1 year, 7 months ago

Airfares likely to rise as Go First cancellations reduce capacity: TAAI

The Hindu  

No-frills carrier Go First filing for insolvency proceedings and cancelling flights is bad for the airline industry as the move will reduce capacity and could push airfares in certain routes, Travel Agents Association of India said on May 3. Bogged down by an acute financial crunch due to grounding of more than half of its fleet amid P&W engine supply …

Go First counters at Delhi Airport go deserted amid bankruptcy
1 year, 7 months ago

Go First counters at Delhi Airport go deserted amid bankruptcy

Live Mint  

Go First airline counters at Delhi Airport turned deserted as the beleaguered airline on 2 May filed for bankruptcy at the National Company Law Tribunal. Go First is majority owned by billionaire Nusli Wadia’s Wadia Group, which also controls cookie maker Britannia Industries Ltd. and textile maker Bombay Dyeing and Manufacturing Co. History of turbulency in India's aviation market: India …

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