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There are official reports that there are two interested parties for a possible takeover of the insolvent low-cost airline Go First. These are Sky One and Spicejet. The first mentioned company is based in the United Arab Emirates and
The Indian low-cost airline Spicejet has been in a constant financial crisis for many years and is repeatedly confronted with lessors confiscating aircraft and/or creditors filing for bankruptcy against the company. Now they are targeting the insolvent competitor
The Indian low-cost airline Go First has not been able to operate a single flight for over six months. No buyer could be found during the regular deadlines of the insolvency proceedings. Now the carrier has been granted an additional reprieve. Go
The Indian Civil Aviation Authority has decided that the insolvent low-cost airline Go First must return the aircraft that lessors want back to them. The office announced this in the course of legal proceedings. “The notice was given in accordance with Article
Insolvent airline Go First was no longer able to sustain the ongoing operating costs incurred during the shutdown. Now, according to local bankruptcy law, an emergency loan of 12,1 million has been granted
The Irish lessor ACG Aircraft is taking the insolvent airline Go First to court because the aircraft owner believes that important components have been removed from at least two Airbus A320neos without consent. On May 2nd
According to its own statements, the Indian low-cost airline Go First has managed to raise sufficient funds to carry out the planned restart. Among other things, it was explained to local media that they would collect around 52 million US dollars
India's civil aviation authority has given bankrupt low-cost airline Go First a 30-day deadline to submit a plan to resume operations. The request is extremely extensive because you want to be informed in detail. background is
The low-cost airline Go First, which is in bankruptcy protection proceedings under Indian law, is exposed to the fact that two lessors have applied to the civil aviation authority for the deregistration of a total of nine Airbus A320neos. Dubai Aerospace Enterprise has
Engine maker Pratt & Whitney is bucking Indian low-cost airline Go First's claims that it has gone bankrupt due to failed engines and delays in deliveries. The Americans launched a counterattack
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