Budget airline SpiceJet is facing fresh insolvency proceedings as Indonesia’s PT BBN Airlines has filed a plea over unpaid lease rentals amounting …
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NCLT
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Airline Updates
NCLT Orders Liquidation of Go Airlines (India) Limited After Insolvency Process.
by Editorby EditorThe New Delhi Bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Go First Airlines, bringing a close …
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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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Aerospace & Aircraft
MIAL Seeks NCLT Clarity on Validity of Jet Airways Aircraft Sale.
by Editorby EditorMumbai International Airport Limited (MIAL), owned by the Adani Group, has filed an application with the National Company Law Tribunal (NCLT) in …
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Airports Update
NCLAT Directs NCLT to Decide Who Pays Jet Airways’ Dues to Mumbai Airport.
by Editorby EditorThe National Company Law Appellate Tribunal (NCLAT) has directed the National Company Law Tribunal (NCLT) to determine who will bear the dues …
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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
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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Airline Updates
SpiceJet Faces Fresh Insolvency Petitions Amid Financial Struggles.
by Editorby EditorTwo additional insolvency petitions were filed against budget carrier SpiceJet at the National Company Law Tribunal (NCLT) on Monday, intensifying the financial …
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