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Go First bidder raises offer after nudge from bankers

Infrastructure

19 March, 2024

Go First bidder raises offer after nudge from bankers

One of the two bidders for bankrupt Indian airline Go First has raised its offer following a nudge from lenders, ......

Go First's lenders set Jan 31 deadline for investor bids

Infrastructure

15 January, 2024

Go First's lenders set Jan 31 deadline for investor bids

Lenders to India's Go First have set Jan. 31 as the deadline for financial bids to acquire the airline, two ......

Go First stares at liquidation as Jindal Power decides against bidding

Infrastructure

21 November, 2023

Go First stares at liquidation as Jindal Power decides against bidding

India's Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, ......

Go First lenders to challenge move that could let lessors reclaim planes

Infrastructure

09 November, 2023

Go First lenders to challenge move that could let lessors reclaim planes

Lenders of grounded Indian airline Go First plan to legally challenge the aviation watchdog's interpretation to retrospectively apply changes to ......

India insolvency law change on leased aircraft to apply retrospectively

General

02 November, 2023

India insolvency law change on leased aircraft to apply retrospectively

Changes to Indian laws to exclude leased aircraft from assets that can be frozen during bankruptcy proceedings of an airline ......

Govt amends insolvency rules in wake of jet leasing dispute

Infrastructure

05 October, 2023

Govt amends insolvency rules in wake of jet leasing dispute

India has amended its insolvency law to exclude leased aircraft from assets that can be frozen, a long-awaited move expected ......