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Latest Articles in Go First
NCLT Accepts Delhivery's Notice Declaring Go First's Insolvency As Fraudulent And Malicious: Report
Delhivery's counsel has stated that Go First, an airline owned by the Wadia group, received a payment of Rs 57 lakh on 2 May as an advance for future services, despite knowing that they were planning to file for insolvency
Read MoreDGCA Asks Go First To Submit Liabilities Related Financial Information
In their initial response to the regulator's queries, Go First stated that they have enough working capital to cover employee salaries, fuel charges, parking fees, housing costs, and landing charges for a period of six months
Read MoreGovt Asks Airlines To Devise Mechanism To Ensure Reasonable Airfares
Furthermore, the ministry emphasised that airlines need to keep a close check on airfare pricing "in view of the humanitarian situation and monitor and control any surge in ticket prices to/from that region" during calamities
Read MoreGo First Requests DGCA Approval To Resume Flights With 22 Aircraft For Next 5 Months
In terms of finances, Go First has mentioned in its business plan that it requires Rs 12 crore for daily operations and has already invested Rs 250 crore in the airline in late April
Read MoreTravel Agents May Boycott Go First Amid No Transparency On Refunds
In addition to owing money to customers, Go First is reported to owe a significant amount to hotel chains where their crew stayed
Read MoreGo First Seeks DGCA's Approval To Restart Operations With 22 Aircraft
Abhilash Lal, the resolution professional from consulting firm Alvarez and Marsal, has nominated the current CEO, Kaushik Khona, to oversee daily operations and assume the role of accountable manager
Read MoreGo First Submits Six Month Revival Plan To DGCA
Go First airline has expressed its readiness to initiate chartered flights from Delhi to Srinagar and Delhi to Leh as soon as it receives approval from the DGCA
Read MoreIndian Airlines To Induct New Aircraft To Cover Void Left By Go First
The majority of these aircraft will be introduced by market leaders IndiGo and Air India and will primarily be used for domestic routes
Read MoreGo First Now Cancels All Scheduled Flights Till 4 June
A full refund will be issued to the passengers, earlier flight operations were cancelled till May 30
Read MoreGo First Flight Operations To Remain Cancelled Till 30 May
The Directorate General of Civil Aviation (DGCA) on Wednesday advised Go First Airlines to submit a comprehensive restructuring plan for a sustainable revival of operations
Read MoreGo First Extends Flight Cancellations Till 30 May, Promises Refunds
This decision comes after the airline filed for involuntary insolvency on 2 May and initially announced a two-day suspension of flights
Read MoreDGCA Requests Go First To Submit Revival Plan Within 30 Days
On 24 May, the DGCA advised Go First to submit a restructuring plan within 30 days to ensure sustainable operations
Read MoreGo First Cancels All Flights Till 28 May, Citing Operational Reasons
The airline also said the company has filed an application for immediate resolution and revival of operations. It mentioned that it would be able to resume bookings shortly
Read MoreFlight Ready: Go First To Resume Operations Following DGCA's Audit
A senior official at the DGCA revealed on Tuesday that the airline has responded to the show cause notice issued by the regulator, indicating that it is working on a plan to resume flights as soon as possible
Read MoreNo Set Schedule For Resuming Flights: Go First To DGCA
The airline, which has about 54 planes in its fleet, was operating approximately 200 flights per day before it went insolvent
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