"go-first"

Lenders of Go First have set up the Committee of Creditors (CoC) and a new resolution professional is likely to be appointed early next week

NCLT on Monday directed the interim resolution professional of crisis-hit Go First to file a reply within one week

Go First plans to restart operations with 26 planes and 152 daily flights, and has submitted the revival plan to aviation regulator DGCA

Go First stopped flying on May 3 and the latest announcement means that the budget carrier will remain grounded for one month

The lessors' contention is that Go First has no right to use their aircraft as the leases concerning them have been terminated

DGCA has granted 30 days to cash-strapped airline Go First to submit a restructuring or revival plan

Throwing their hands up, the Go First budget airline's owners filed voluntary insolvency resolution proceedings before the NCLT sending shockwaves through the entire airline industry

The pilots were also informed about the commencement of operations from May 27.

National Company Law Appellate Tribunal on Monday will hear the appeal filed by three Go first lessors

At least 50 requests to take back as many leased planes from two Indian airlines in less than two weeks

The airline operator has been given 15 days from the day they received this notice to respond.

Go First Airlines stated that the full refund will be credited to the passengers bank accounts in the original mode of payment

Cash-strapped airline Go First which was formerly known as Go Air, on Tuesday announced voluntary insolvency. It blamed “faulty” Pratt and Whitney engines for the company's financial woes.

Proceeds will be mainly used to repay dues amid the aviation industry facing strong headwinds