Go First

Go First has filed its petition under Section 10 of the Insolvency and Bankruptcy Code to initiate insolvency against itself. (Reuters)Go First cancelled its flights till May 19 and said a full refund would be issued to the original mode of paymentCash-strapped airline Go First on Wednesday announced that all of its flights are cancelled until May 19, citing “operational reasons," while the National Company Law Tribunal (NCLT) accepted its voluntary petition to begin insolvency resolution proceedings.“Due to operational…

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The National Company Law Tribunal (NCLT) has reserved its order in the plea. (File photo: PTI)The airline, which had suspended the sale of tickets till May 15 and has cancelled flights till May 12, has already filed a plea for voluntary insolvency resolution proceedings Banrukpt Go First Airline has been asked to stop taking fresh bookings till further orders.The aviation watchdog, Directorate General of Civil Aviation (DGCA) issued a notice to the Wadia Group-owned carrier for its failure to continue the operation…

Crisis-hit Go First which has liabilities worth Rs 11,463 crore, has sought voluntary insolvency resolution proceedings and the plea is set to be heard by the Delhi bench of the NCLT on Thursday(REUTERS)Over a dozen pilots and cabin crew participated in the hiring drive by Air India, announced on Wednesday, and another run by its sister airline company VistaraAs crisis-hit Go First suspended the sale of tickets till May 15 after it sought voluntary insolvency resolution proceedings, dozens of its pilots were spotted at a…

A day after Go First sought voluntary insolvency resolution proceedings and decided to cancel flights for three days starting from May 3 and informed the aviation ministry that it is unable to meet financial obligations due to the non-availability of Pratt & Whitney engines, the aircraft engine manufacturing company responded in Wednesday, saying that it’s “committed to the success of their airline customers".In a statement, P&W said: “Pratt & Whitney is committed to the success of our airline customers, and…

The DGCA issued a show cause notice to Go First after the airline cancelled fresh bookings. (File photo: PTI)The aviation regulator also asked Go First to submit its plan of action to operate flights as per the approved schedule from May 5After Go First’s decision to cancel flights and file for insolvency, many crew members who were on a layover, are now stranded within the country and abroad, sources told CNN-News18.Passengers were also left helpless after the company made the announcement due to the financial crunch.A …

Last Updated: February 21, 2023, 14:17 ISTImage used for Representation. (Photo: Reuters)SpiceJet recorded the highest occupancy of 91 percent, while Indigo witnessed 82 percent. Air India and Go First followed with 87.5 percent Domestic aviation traffic has continued to witness a massive growth as passengers carried by domestic airlines during January 2023 were 1.25 crore as against 64.08 lakhs during the corresponding period of previous year thereby registering an annual growth of 95.72 percent and monthly growth of…

Last Updated: February 10, 2023, 15:20 ISTImage used for Representation. (Photo: Reuters)Indigo witnessed 885 such incidents, Spicejet and Vistara recorded 691 and 444 such instances, respectivelyA total of 2613 instances of technical snags have occurred in the flights of Indian airlines in the country during the last five years (2018-2022), the Parliament was told on Thursday.While Indigo witnessed 885 such incidents, Spicejet and Vistara recorded 691 and 444 such instances, respectively, Minister of State for Civil…

Last Updated: February 13, 2023, 18:46 ISTThiruvananthapuram, IndiaImage used for Representation. (Photo: Reuters)Total 3,23,792 passengers travelled through Thiruvananthapuram International Airport in the month of January 2023The passenger traffic at Thiruvananthapuram International Airport, has increased with a record 83.6 percent growth, the Adani Group which manages the airport said on Monday.The airport authorities also said there was a growth of 31.53 percent in flight movements during the last one year.“Total…

Last Updated: February 15, 2023, 12:03 ISTImage used for Representation. (Photo: Reuters)Officials said that the closure of the Srinagar-Leh road route is the main reason behind the spiralling of air fares to LehAir fare to Leh from Delhi has skyrocketed in the last couple of days, and a ticket costs over Rs 30,000.Officials said that the closure of the Srinagar-Leh road route is the main reason behind the spiralling of air fares to Leh.A flight ticket from Delhi to Leh on February 18 was quoted at Rs 33,000. The airfare…