Go First Operation To Restart: Domestic airlines Go First, which had filed an application in NCLT to declare bankruptcy by announcing the closure of its flights from May 3, 2023, says that the company will resume operations by the end of June. Can GoFirst has submitted the blueprint for starting operations and the airlines’ revival plan to the aviation sector regulator DGCA (Directorate General of Civil Aviation).
In this news quoted by Bloomberg, it was said by quoting sources that the company has told DGCA that airlines can start operations with 157 flights daily. From May 3, when the airlines stopped operations, 164 flights were operating daily. This means that the company can restart 94 percent of the flights.
In fact, in the last week of May, the DGCA had asked the crisis-hit GoFirst to present a detailed blueprint of its plan to start operations again. DGCA has asked GoFirst to present a revival plan within 30 days to start airlines operations within the next 30 days. GoFirst was asked to provide the number of aircraft available for operation, details related to pilots and other personal, maintenance arrangements and funding. After these details are made available by GoFirst, now DGCA will take a proper decision in the direction of starting the flight.
GoFirst had canceled its flights from May 3, 2023 due to poor financial condition. 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 canceled its flights on 3 May. Along with this, while approaching the National Company Law Tribunal (NCLT), he had applied for bankruptcy, which was accepted.
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