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May 4, 2023 · Go First was the fifth largest airline in India based on scheduled departures. Its management has said that the airline's owners - the Wadia Group - have no plans to exit.
Jun 12, 2024 · Bankrupt airline Go First has been granted an additional 60 days by the National Company Law Tribunal (NCLT) to conclude its insolvency proceedings, extending the deadline to June 3, 2024. The NCLT initially accepted Go First's plea for voluntary insolvency on May 10, 2023, following its suspension of operations on May 3, 2023
Air Carrier Go First Airways on Tuesday filed for insolvency resolution proceedings in the National Company Law Tribunal. It has also suspended its flights for the next three days.
The NCLT has granted Go First a final 60-day extension on its moratorium. Meanwhile, two suitors are vying to revive the 18-year-old carrier.
May 2, 2023 · Cash-strapped airline Go First said on Tuesday that it has filed for bankruptcy due to a severe cash crunch and all its flights will be suspended for at least three days starting May 3.
May 3, 2023 · Indian budget airline Go First has cancelled all of its flights for the next three days after filing for bankruptcy protection. The carrier says "a full refund will be issued" to affected...
May 3, 2023 · CNN — Go Airlines (India) Ltd owner Wadia Group is completely committed to the airline and had no plans to exit it, the airline’s chief executive told Reuters in an interview on Wednesday.