1 year, 10 months ago

Go First crisis: Customers need to wait longer for refunds. Here's why

Beleaguered airline Go First could take longer to process flight ticket refunds to customers in the wake of its deepening financial crisis. While Go First said it would issue refunds to customers who had already booked tickets, a report suggests that the airline may take at least a couple of weeks before it could start the process. Go First is expected to request the National Company Law Tribunal and Directorate General of Civil Aviation for some additional time for issuing refunds as it plans to raise necessary funds, reported moneycontrol.com. Meanwhile, another source told the publication that Go First’s promoters may look to raise around Rs 200 crore for the refunds as well as to pay all its employees.

India Today

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