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Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Infrastructure

26 June, 2023

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees ($54.9 million) ......

NCLT admits Go First into insolvency, places moratorium on aircraft leases

Infrastructure

10 May, 2023

NCLT admits Go First into insolvency, places moratorium on aircraft leases

An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's ......

Go First asks NCLT to urgently pass order on insolvency plea

Infrastructure

08 May, 2023

Go First asks NCLT to urgently pass order on insolvency plea

Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, ......

Go First, lessors lock horns as bankruptcy hearings begin

Infrastructure

05 May, 2023

Go First, lessors lock horns as bankruptcy hearings begin

Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they ......

Go First Airways files for insolvency proceedings, suspends flights

Infrastructure

02 May, 2023

Go First Airways files for insolvency proceedings, suspends flights

Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday, blaming "faulty" Pratt & Whitney engines for the grounding of ......