Go First Flights Operations: GoFirst had stopped operating its flights on May 3, 2023 due to poor financial condition. Since then, continuous speculations are being made by the company to start the flight operations again. Now big news has come regarding this. GoFirst has informed the aviation regulator Directorate General of Civil Aviation (DGCA) that they have not fixed any date to start operating flights. Along with this, on Tuesday, the suspended board of the airlines has filed a petition in the Supreme Court against the four aircraft lessor companies.
The company has not fixed any deadline
According to the information given by Go First Crisis to DGCA, at present the airlines have not fixed any deadline to start their flight operations. It is worth noting that since last week, news was coming that the company can start its flight operations from May 27 with 20 aircraft, but now after this clarification of the airlines, there is no possibility of starting the operation. Not coming.
Know what happened so far
The National Company Law Appellate Tribunal (NCLAT) on Monday said that the insolvency resolution proceedings against GoFirst airline would be continued, dealing a blow to the efforts of aircraft lessors to get back their planes. The four aircraft leasing companies are SMBC Aviation Capital Limited, GY Aviash, SFV Aircraft Holdings and Engine Leasing Finance BV. A total of 22 aircraft of these four are with the Wadia Group.
Flight operation is closed from May 3
GoFirst is one of the largest companies providing cheap air services in the domestic market. Airlines were going through a bad economic phase for a long time, after which the company stopped its flight services on 3 May. Along with this, while approaching the National Company Law Tribunal (NCLT), he had applied for bankruptcy. Since then, many types of news are coming about the flight operations of the airlines, but after the statement given to DGCA, it has become clear that at present the company has not taken any decision regarding the operation of the flights.
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