Page 5 - Go Air
Daily domestic passenger traffic declines 4.7% due to Go First's exit
The average daily international flights fell by 1.74 per cent in the week
 "Daily domestic passenger traffic declines 4.7% due to Go First's exit")
Pratt & Whitney opposes Go Airlines' push to enforce arbitration against it
(Reuters) -Pratt & Whitney opposed India's Go Airlines' push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a Delaware court filing showed.
 "Pratt & Whitney opposes Go Airlines' push to enforce arbitration against it")
Resolution realities
Go First's complexity will be a test case
 "Resolution realities")
Let's get business running, crisis-hit Go First's IRP tells staff
The airline has indicated to the civil aviation ministry it would be able to start operations in around two weeks
 "Let's get business running, crisis-hit Go First's IRP tells staff")
'Risky jurisdiction': Aircraft lessors raise alarm over Go First crisis
SMBC, along with firms such as Jackson Square Aviation and Bank of China Aviation, raised the alarm after a tribunal gave Go Airlines (India) Ltd bankruptcy protection to allow it to revive itself
 "'Risky jurisdiction': Aircraft lessors raise alarm over Go First crisis")
Go First needs to raise funds: Resolution professional tells staff
Go Airlines will need to raise funds to revive the bankrupt company amid plans to keep it as a going concern, the recently appointed resolution professional informed staff on Thursday
NCLAT to hear SMBC Aviation's plea against NCLT order on Go First today
Soon after the NCLT allowed Go First's plea on Wednesday, SMBC Aviation Capital's counsel moved the NCLAT
 "NCLAT to hear SMBC Aviation's plea against NCLT order on Go First today")
Go First likely to resume flights on May 24 with fewer aircraft: Report
Go First has also reportedly discussed the plans to resume flights with the Centre
With bankruptcy protection, can Go Airlines return to the air in two weeks
Getting bankruptcy protection, can the Wadia group's low cost carrier Go Airlines Ltd send its fleet back into the air in two weeks -- as it said earlier -- is the question that needs to be answered
NCLT admits Go First's plea for voluntary insolvency, appoints IRP
It has also granted Go First protection under a moratorium from recovery by lessors and creditors
NCLT admits Go First's plea for voluntary insolvency, appoints IRP
It has also granted Go First protection under a moratorium from recovery by lessors and creditors
DGCA orders Go First to stop selling air tickets with immediate effect
Aviation regulator DGCA on Monday directed crisis-hit Go First to immediately stop bookings and sale of tickets directly or indirectly till further orders, according to a source. Besides, the watchdog has issued a show cause notice to the budget carrier under the relevant provisions of the Aircraft Rules, 1937, for its failure to continue the operation of the service in a safe, efficient and reliable manner, the source said. Earlier, the airline had suspended the sale of tickets till May 15 and has cancelled flights till May 12. The carrier has filed a plea for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), which has reserved its order. The source said the airline has been directed to stop the booking and sale of tickets directly or indirectly, with immediate effect and until further orders. The airline has been asked to submit its reply within 15 days of the receipt of the show cause notice, and further, a decision on the continuation
Grounded Go Air can fly in a week if planes not seized: CEO Kaushik Khona
Go Air - now re-branded as Go First - filed for insolvency protection on Tuesday after half of its Airbus SE A320neo fleet were grounded with engine snags
As Indian carriers rake up hiring, Go First insists on notice period
Announcing that the company is planning to revive shortly, CEO Kaushik Khona said, pilots will have to serve the six-month notice period
Go First seeks interim moratorium, NCLT says no such provision under IBC
Go First told the court that the primary aim of filing for insolvency was to revive the airlines and it seeks a comprehensive debt restructuring
 "Go First seeks interim moratorium, NCLT says no such provision under IBC")
Top 5 headlines: Fed hike, Ajay Banga to become World Bank president & more
Business Standard bring you top news headlines at this hour
 "Top 5 headlines: Fed hike, Ajay Banga to become World Bank president & more")
Pratt & Whitney's engine woes cost Go Air 47 years worth of flying time
Go Airlines was re-branded Go First ahead of a planned 36 billion rupee ($440 million) initial share sale last year
'Tough times': Go First staff hopes airline survives, scouts for options
Some pilots of troubled airline have joined airlines in West Asia in recent weeks and others have approached IndiGo
 "'Tough times': Go First staff hopes airline survives, scouts for options")
Go First bankruptcy: IndiGo, SpiceJet good momentum plays, say analysts
Apart from IndiGo, Tata group-owned Air India, could be the second key beneficiary given its strong fleet and balance-sheet strength
 "Go First bankruptcy: IndiGo, SpiceJet good momentum plays, say analysts")
Go First saga begins to hit passengers with flights diverted, cancelled
Three flights diverted from Mumbai eventually return after getting clearance to land
 "Go First saga begins to hit passengers with flights diverted, cancelled")
