In the ongoing liquidation proceedings of bankrupt airline Go First, the Committee of Creditors (CoC) has recommended Dinkar Venkatasubramanian, an Ernst & …
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airline bankruptcy
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Airline Updates
Satish Gupta Appointed Liquidator as Jet Airways Faces Final Liquidation.
by Editorby EditorJet Airways, once a leading full-service airline in India, is set to enter the final stages of its financial journey as the …
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Aviation Horizon
Estonia’s Nordic Aviation Group Ceases Operations and Files for Bankruptcy.
by Editorby EditorEstonia’s Nordic Aviation Group (NAG) has announced that it will cease operations and file for bankruptcy as of Monday, November 18, 2024. …
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Airline Updates
Jet Airways’ Asset Liquidation May Yield Rs 1,000 Crore for Creditors.
by Editorby EditorThe liquidation of Jet Airways’ assets is expected to yield creditors approximately Rs 1,000 crore, as the long-awaited resolution of the airline’s …
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In a significant development for the aviation industry, GoFirst Airlines is set to face liquidation after a decisive vote by its creditors …