GoFirst Lenders Rethink Liquidation Amid Nishant Pitti’s Bid.
As GoFirst faces the looming threat of liquidation, a potential lifeline has appeared in the form of Nishant Pitti, the co-founder of…
liquidation
NCLT Orders Liquidation of Go Airlines (India) Limited After Insolvency Process.
The New Delhi Bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Go First Airlines, bringing a close…
Nishant Pitti Makes Second Push to Revive Bankrupt GoFirst.
EaseMyTrip’s co-founder Nishant Pitti, who has been actively involved in the airline and travel industry, has made a bold move to challenge…
Lenders to Go First Expect Recovery in H1FY26, Asset Assessment Ongoing.
Lenders to the defunct Go First airline are now focused on recovering dues expected to reach approximately Rs 6,200 crore. Following the…
Busy Bee Airways Challenges Go First Liquidation in NCLAT.
Busy Bee Airways Pvt Ltd, one of the prospective bidders for the grounded airline Go First, has formally approached the National Company…
NCLT Admits Go First Airlines into Liquidation After Failed Revival.
The National Company Law Tribunal (NCLT) has officially brought an end to Go First’s turbulent journey by admitting the airline, operated by…
MIAL Seeks NCLT Clarity on Validity of Jet Airways Aircraft Sale.
Mumbai International Airport Limited (MIAL), owned by the Adani Group, has filed an application with the National Company Law Tribunal (NCLT) in…
Satish Gupta Appointed Liquidator as Jet Airways Faces Final Liquidation.
Jet Airways, once a leading full-service airline in India, is set to enter the final stages of its financial journey as the…
Jet Airways Employees Allege ₹30 Crore Aircraft Parts Theft by New Owners.
The Jet Airways Staff and Officers Association has raised serious concerns regarding the alleged theft of aircraft equipment and parts worth ₹30…
Go First to Liquidate as Creditors Decide to End Operations.
The Committee of Creditors (CoC) for Go First, the bankrupt airline formerly known as GoAir, has decided to proceed with liquidation after…