Go First 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 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.

The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal.

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. Earlier, it was supposed to be till June 12.

Crisis-hit Go First Airlines on Friday informed that its scheduled flight operations will remain cancelled till June 7, adding that a full refund will be issued to the passengers.

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.

Go First Airlines has cancelled all its flights till May 26, citing operational reasons.

The move comes after many passengers complained that they were not informed about the flight cancellations by Go First and had to pay exorbitant fares to book alternative flights with other airlines.

Cash-strapped airline Go First Airways has cancelled its flights over the next three days and filed for voluntary insolvency resolution proceedings in the National Company Law Tribunal on Tuesday.

The aviation regulator DGCA has issued notice to Go First airline after it cancelled all scheduled flights for Wednesday and Thursday without informing it. It told the airline to reply within 24 hours.

Go First airline will stop flights from Wednesday to Friday due to a severe funds shortage. Only 50 per cent of the airline's fleet is operational as it is not getting spare engines from US firm Pratt & Whitney (P&W), the carrier said in a statement.

He said "By December 15, the advanced tax for Q3 will come and at that stage we will get an idea of what is going to be the impact of corporate tax reduction announced in September. Each company will assess how much tax they have to pay for the current year after adjusting the tax liabilities paid in first two quarters. After that only we will come...

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 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.

The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal.

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. Earlier, it was supposed to be till June 12.

Crisis-hit Go First Airlines on Friday informed that its scheduled flight operations will remain cancelled till June 7, adding that a full refund will be issued to the passengers.

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.

Go First Airlines has cancelled all its flights till May 26, citing operational reasons.

The move comes after many passengers complained that they were not informed about the flight cancellations by Go First and had to pay exorbitant fares to book alternative flights with other airlines.

Cash-strapped airline Go First Airways has cancelled its flights over the next three days and filed for voluntary insolvency resolution proceedings in the National Company Law Tribunal on Tuesday.

The aviation regulator DGCA has issued notice to Go First airline after it cancelled all scheduled flights for Wednesday and Thursday without informing it. It told the airline to reply within 24 hours.

Go First airline will stop flights from Wednesday to Friday due to a severe funds shortage. Only 50 per cent of the airline's fleet is operational as it is not getting spare engines from US firm Pratt & Whitney (P&W), the carrier said in a statement.

He said "By December 15, the advanced tax for Q3 will come and at that stage we will get an idea of what is going to be the impact of corporate tax reduction announced in September. Each company will assess how much tax they have to pay for the current year after adjusting the tax liabilities paid in first two quarters. After that only we will come...