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Page 6 - Go Air

Wadia Group not exiting; some people have shown interest in Go First: CEO

On Tuesday, Go First filed for bankruptcy with the National Company Law Tribunal, blaming Pratt & Whitney engines for the grounding of about half its fleet

Wadia Group not exiting; some people have shown interest in Go First: CEO
Updated On : 03 May 2023 | 11:58 AM IST

Go First saga: SpiceJet to revive 25 grounded aircraft, mobilises Rs 400 cr

The funds for revival will be drawn from the Centre's Emergency Credit Line Guarantee Scheme (ECLGS) and better cash accruals, the airline said in a statement

Go First saga: SpiceJet to revive 25 grounded aircraft, mobilises Rs 400 cr
Updated On : 03 May 2023 | 10:53 AM IST

Go First has history of missing financial obligations: P&W on allegations

In its insolvency filing, Go First said that the 'ever-increasing number of failing engines supplied by Pratt & Whitney's international Aero Engines' led to the grounding of 25 of its A320 neo jets

Go First has history of missing financial obligations: P&W on allegations
Updated On : 03 May 2023 | 10:22 AM IST

Go First, IndiGo announce discounts for travel between Jan 15 and April 15

Go First's is offering fares from Rs 1,022 and IndiGo from Rs 1,122

Go First, IndiGo announce discounts for travel between Jan 15 and April 15
Updated On : 29 Dec 2021 | 12:11 AM IST

Patna-bound flight, with 139 on board, makes emergency landing at Nagpur

A statement issued by Go First (erstwhile GoAir) said that the flight G8 873 from Bengaluru to Patna was diverted to Nagpur due to a 'faulty engine warning in the cockpit'

Patna-bound flight, with 139 on board, makes emergency landing at Nagpur
Updated On : 27 Nov 2021 | 3:13 PM IST

Go First completes 16 years of service, starts 16% discount scheme

Airline major Go First has started a 16 per cent discount offer on airfare for passengers of both domestic and international flights to mark the completion of its 16 years of operations.

Go First completes 16 years of service, starts 16% discount scheme
Updated On : 05 Nov 2021 | 7:51 PM IST

What could work and what needn't for Rakesh Jhunjhunwala's airline venture

It's a bold bet by Jhunjhunwala, in a market that has seen some airlines collapse in the face of intense fare wars and high costs. Here's all you need to know about the new airline

What could work and what needn't for Rakesh Jhunjhunwala's airline venture
Updated On : 13 Oct 2021 | 9:59 AM IST

Budget carrier Go Airlines gets Sebi's go-ahead for Rs 3,600 crore IPO

Budget carrier Go Airlines, which has rebranded itself as 'Go First', has received market regulator Sebi's go-ahead for an initial public offer worth Rs 3,600 crore.

Budget carrier Go Airlines gets Sebi's go-ahead for Rs 3,600 crore IPO
Updated On : 30 Aug 2021 | 5:33 PM IST

A 2019 investigation of Bombay Dyeing may delay Go Air IPO by a month

Airline says it is adequately funded till end of the year, listing will 'not be derailed'.

A 2019 investigation of Bombay Dyeing may delay Go Air IPO by a month
Updated On : 30 Jun 2021 | 12:23 AM IST

Debt-laden Go Airlines' planned $485 million IPO put on hold by Sebi

Airlines is depending on the IPO proceeds to repay debt and dues to creditors including Indian Oil Corp.

Debt-laden Go Airlines' planned $485 million IPO put on hold by Sebi
Updated On : 29 Jun 2021 | 2:31 PM IST

Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance

Issuance of observations by Sebi implies approval for a public offering

Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance
Updated On : 28 Jun 2021 | 11:37 PM IST
Updated On : 17 Jun 2021 | 5:56 PM IST

How Indian aviation sector braved Covid turbulence better than global peers

Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course

How Indian aviation sector braved Covid turbulence better than global peers
Updated On : 11 Jun 2021 | 10:05 PM IST

Go First gets loan, lease rental payments breather amid Covid-19

Wadia group backing helps airline negotiate with BNP Paribas, aircraft lessors

Go First gets loan, lease rental payments breather amid Covid-19
Updated On : 29 May 2021 | 6:10 AM IST

Go Air IPO puts spotlight on Wadia Group stocks. Here's a chart check

Except Bombay Dyeing and Manufacturing Company, all other Group stocks are seeing downside pressure

Go Air IPO puts spotlight on Wadia Group stocks. Here's a chart check
Updated On : 18 May 2021 | 11:45 AM IST

Will Go Air's IPO initiate sector re-rating? Here's what analysts think

Go Air's debut on the exchanges may not trigger a re-rating for incumbent players, believe analysts, who expect turbulent times for the sector in the foreseeable future coupled with high valuations

Will Go Air's IPO initiate sector re-rating? Here's what analysts think
Updated On : 18 May 2021 | 8:14 AM IST

Go Air receives Rs 800 cr lifeline from banks amid turbulent times

With this credit line, the airline will not need to recast its loans

Go Air receives Rs 800 cr lifeline from banks amid turbulent times
Updated On : 27 Feb 2021 | 8:50 AM IST

When the masks fell off

Their handling of employees as the Covid-19 crisis played out revealed the true character of aviation sector players

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Updated On : 08 Jun 2020 | 9:15 PM IST

No sign of bailout from govt yet, GoAir promoters tell employees

The low-cost airline has sent 90% of its employees on leave without pay till 4 May

No sign of bailout from govt yet, GoAir promoters tell employees
Updated On : 04 May 2020 | 10:54 PM IST

Top Headlines: Losses rise as India locks down; businesses seek stimulus

Business Standard brings to you the top headlines of the day

Top Headlines: Losses rise as India locks down; businesses seek stimulus
Updated On : 25 Mar 2020 | 5:01 PM IST