Go First Insolvency
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Law Tribunal Gives 4th Extension Of 60 Days To Go First To Complete Insolvency
The National Company Law Tribunal (NCLT) has granted an extension of 60 days to the grounded air carrier Go First for completing the insolvency process.
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Go First Gets Another 60 Days To Complete Insolvency Process
Insolvency tribunal NCLT on Monday once again extended the deadline to complete the resolution process of grounded airline Go First by another 60 days.
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Go First CEO Kaushik Khona Resigns 7 Months After It Filed For Insolvency
Grounded Go First's CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings.
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Go First Lenders To Vote On Liquidation Amid Lack Of Suitors: Report
Go First airline's lenders will vote on a proposal to liquidate the insolvent Indian airline, two banking sources told Reuters on Thursday, days after a deadline to bid for the company ended with no suitors.
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Jettwings Airways Submits Expression Of Interest For Bankrupt Go First
Jettwings Airways today said it has submitted an Expression of Interest for the grounded Go First, which is undergoing an insolvency resolution process.
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Go First Can't Fly Lessors' Aircraft As Of Now: Delhi High Court
The high court said the resolution professional (RP) appointed under the insolvency law to manage the airline has not been able to show any urgency or any grave imminent threat to the aircraft compelling the RP to fly them suddenly and without any pr
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Tribunal Issues Notice To Creditors, Regulator Over Go First Ticket Refunds
The National Company Law Tribunal (NCLT) on Monday issued notices to the Committee of Creditors of Go First and insolvency regulator IBBI over a plea to refund Rs 597.54 crore to around 15.5 lakh passengers who booked tickets for travel on and after May 3.
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Go First Approaches Tribunal For Refund Of Cancelled Tickets
Go First has approached the National Company Law Tribunal (NCLT) seeking permission to refund money to passengers who had booked their tickets for travel on and after May 3, the day when the cash-strapped airline suspended operations.
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Lessors Have Applied For Deregistration Of 54 Go First Planes: Government
In a written reply to Rajya Sabha, Minister of State for Civil Aviation V K Singh said the Directorate General of Civil Aviation (DGCA) has received applications from lessors for the deregistration of a total number of 54 aircraft leased to Go First.
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Cash-Strapped Airline Go First Looks For Bidders To Fly Again
The cash-strapped carrier stopped flying on May 3 and is undergoing the voluntary insolvency resolution process.
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Go First Airline Seeks Investor Interest As Part Of Insolvency Process
Go Airlines Ltd has invited investor interest in the company through a court-appointed administrator as part of the carrier's ongoing insolvency process, a newspaper advertisement showed on Monday.
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Why Go First Lessors' Key Request 'Rejected' On Regulator's Portal
The Directorate General of Civil Aviation (DGCA) Wednesday told the Delhi High Court it was due to a technical glitch on its portal that the applications of several aircraft lessors of Go First for deregistration of their planes were shown as 'reject
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Pilots Offered Extra Rs 1,00,000 A Month To Stay At Go Air
Go Airlines India Ltd. plans to raise salaries of captains by 100,000 rupees ($1,211) a month and by 50,000 rupees for first officers as it tries to salvage its operations after filing for insolvency on May 2.
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Go First Insolvency Upheld By Tribunal, Setback For Lessors
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld insolvency resolution proceedings against crisis-hit airline Go First, derailing aircraft lessors' efforts to take back their planes from the struggling Wadia group firm.
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"Want Flights To Resume...": Union Minister On Go First Insolvency
Union Minister Jyotiraditya Scindia on Thursday said that the Go First insolvency matter is "not a great thing for civil aviation" and said that the Ministry wants a resumption of flights as soon as possible.
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Law Tribunal Gives 4th Extension Of 60 Days To Go First To Complete Insolvency
The National Company Law Tribunal (NCLT) has granted an extension of 60 days to the grounded air carrier Go First for completing the insolvency process.
-
Go First Gets Another 60 Days To Complete Insolvency Process
Insolvency tribunal NCLT on Monday once again extended the deadline to complete the resolution process of grounded airline Go First by another 60 days.
-
Go First CEO Kaushik Khona Resigns 7 Months After It Filed For Insolvency
Grounded Go First's CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings.
-
Go First Lenders To Vote On Liquidation Amid Lack Of Suitors: Report
Go First airline's lenders will vote on a proposal to liquidate the insolvent Indian airline, two banking sources told Reuters on Thursday, days after a deadline to bid for the company ended with no suitors.
-
Jettwings Airways Submits Expression Of Interest For Bankrupt Go First
Jettwings Airways today said it has submitted an Expression of Interest for the grounded Go First, which is undergoing an insolvency resolution process.
-
Go First Can't Fly Lessors' Aircraft As Of Now: Delhi High Court
The high court said the resolution professional (RP) appointed under the insolvency law to manage the airline has not been able to show any urgency or any grave imminent threat to the aircraft compelling the RP to fly them suddenly and without any pr
-
Tribunal Issues Notice To Creditors, Regulator Over Go First Ticket Refunds
The National Company Law Tribunal (NCLT) on Monday issued notices to the Committee of Creditors of Go First and insolvency regulator IBBI over a plea to refund Rs 597.54 crore to around 15.5 lakh passengers who booked tickets for travel on and after May 3.
-
Go First Approaches Tribunal For Refund Of Cancelled Tickets
Go First has approached the National Company Law Tribunal (NCLT) seeking permission to refund money to passengers who had booked their tickets for travel on and after May 3, the day when the cash-strapped airline suspended operations.
-
Lessors Have Applied For Deregistration Of 54 Go First Planes: Government
In a written reply to Rajya Sabha, Minister of State for Civil Aviation V K Singh said the Directorate General of Civil Aviation (DGCA) has received applications from lessors for the deregistration of a total number of 54 aircraft leased to Go First.
-
Cash-Strapped Airline Go First Looks For Bidders To Fly Again
The cash-strapped carrier stopped flying on May 3 and is undergoing the voluntary insolvency resolution process.
-
Go First Airline Seeks Investor Interest As Part Of Insolvency Process
Go Airlines Ltd has invited investor interest in the company through a court-appointed administrator as part of the carrier's ongoing insolvency process, a newspaper advertisement showed on Monday.
-
Why Go First Lessors' Key Request 'Rejected' On Regulator's Portal
The Directorate General of Civil Aviation (DGCA) Wednesday told the Delhi High Court it was due to a technical glitch on its portal that the applications of several aircraft lessors of Go First for deregistration of their planes were shown as 'reject
-
Pilots Offered Extra Rs 1,00,000 A Month To Stay At Go Air
Go Airlines India Ltd. plans to raise salaries of captains by 100,000 rupees ($1,211) a month and by 50,000 rupees for first officers as it tries to salvage its operations after filing for insolvency on May 2.
-
Go First Insolvency Upheld By Tribunal, Setback For Lessors
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld insolvency resolution proceedings against crisis-hit airline Go First, derailing aircraft lessors' efforts to take back their planes from the struggling Wadia group firm.
-
"Want Flights To Resume...": Union Minister On Go First Insolvency
Union Minister Jyotiraditya Scindia on Thursday said that the Go First insolvency matter is "not a great thing for civil aviation" and said that the Ministry wants a resumption of flights as soon as possible.
