Efforts to salvage the struggling Go First airline have gained significant traction, with new discussions about its potential acquisition taking center stage. …
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Go First
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Airline Updates
NCLAT Directs Busy Bee Airways to Negotiate Go First Acquisition.
by Editorby EditorThe National Company Law Appellate Tribunal (NCLAT) has instructed Busy Bee Airways, a prospective bidder for the bankrupt airline Go First, to …
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Airline Updates
Lenders to Go First Expect Recovery in H1FY26, Asset Assessment Ongoing.
by Editorby EditorLenders to the defunct Go First airline are now focused on recovering dues expected to reach approximately Rs 6,200 crore. Following the …
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Busy Bee Airways Pvt Ltd, one of the prospective bidders for the grounded airline Go First, has formally approached the National Company …
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Airline Updates
NCLT Admits Go First Airlines into Liquidation After Failed Revival.
by Editorby EditorThe National Company Law Tribunal (NCLT) has officially brought an end to Go First’s turbulent journey by admitting the airline, operated by …
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Following the shutdown of Go First, formerly known as Go Air, last year, the airline’s highly sought-after airport slots have become a …
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Airline Updates
CoC Recommends EY Executive Dinkar Venkatasubramanian as Go First Liquidator.
by Editorby EditorIn 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 Updates
Cape Town Convention’s Role in Jet Airways and Go First Insolvencies.
by Editorby EditorThe Cape Town Convention on International Interests in Mobile Equipment has become a focal point amid the insolvencies of two prominent Indian …
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Airline Updates
Bombay High Court Quashes FIR Against Former Go First MD for Data Theft.
by Editorby EditorThe Bombay High Court has recently quashed an FIR against Wolfgang Prock-Schauer, the former Managing Director of Go First, concerning allegations of …
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Airline Updates
One-Fourth of Former Go FIRST Fleet Exits India Amid Bankruptcy.
by Editorby EditorIn a surprising turn of events, Go FIRST, the Indian low-cost airline, voluntarily filed for bankruptcy in May 2023. This decision came …
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