Civil Aviation Minister Jyotiraditya Scindia on Tuesday said it was unfortunate that the operational bottleneck related to engine supplies has dealt a blow to the airline's financial position.
Against the backdrop of the airline filing an application for voluntary insolvency resolution proceedings, the minister said, "It is prudent to wait for the judicial process to run its course".
Faced with a severe financial crunch, the budget carrier has also decided to cancel flights for May 3 and 4.
"Go First has been faced with critical supply chain issues with regard to their engines. The Government of India has been assisting the airline in every possible manner. The issue has also been taken up with the stakeholders involved," Mr Scindia said in a statement.
He noted that it is unfortunate that this operational bottleneck has dealt a blow to the airline's financial position.
"It has come to our knowledge that the airline has applied to the NCLT. It is prudent to wait for the judicial process to run its course," he said.
Further, Mr Scindia said the Directorate General of Civil Aviation (DGCA) has issued a notice to the airline on the sudden suspension of flights.
It is incumbent upon the airline to make alternative travel arrangements for passengers, so that inconvenience is minimal, he added.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Law Tribunal Gives 4th Extension Of 60 Days To Go First To Complete Insolvency Deregistered Go First Planes To Take Longer To Leave India. Here's Why A Court Order After Go First Lessors Want 54 Aircraft Deregistered, Returned Is Safe Car Enough? Volvo Crash That Killed CEO, Family Sparks Big Question "Nothing Short Of Nightmare": Woman Misses Life Event, Slams Air India Snack Food Epigamia Founder Rohan Mirchandani Dies Of Cardiac Arrest At 41 Public Sector Hydropower Company Hiring For 118 Posts, Check Details Delhi's Air Quality Turns 'Severe' Despite GRAP-4 Restrictions PM Modi Meets Yoga Practitioner, Other Influencers In Kuwait Track Latest News Live on NDTV.com and get news updates from India and around the world.