Goair

Go First heads towards liquidation after failed EaseMyTrip, SpiceJet bids

Go First owes creditors - Central Bank of India, Bank of Baroda, and IDBI Bank - around Rs 6,200 crore

NCLT extends insolvency resolution process for Go First by 60 days

The National Company Law Tribunal warned the airlines that this would be the final extension offered

Go Air crisis: Central Bank set to auction Wadia's land for Rs 1,965 cr

Over 94 acres of land will be sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002

GoAir temporarily loses slots and foreign bilateral rights amid insolvency

Bilateral air service agreements between airlines and countries allow them to operate international flights; slots for these flights are allocated by the DGCA and civil aviation ministry

Budget carrier SpiceJet's MD Ajay Singh submits bid for bankrupt Go First

SpiceJet shares closed 11.3% higher on Friday

Engine MRO in India could have saved Go First, says govt official

Go First suspended its flights and filed an insolvency application, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch

Go First lenders to challenge move that could let lessors reclaim planes

India last month tweaked its laws to exclude leased aircraft from assets that are frozen during bankruptcy proceedings

Changes to insolvency law on leased aircraft to apply retrospectively: DGCA

The clarification of India's recent amendment to its insolvency law potentially paves the way for lessors of bankrupt budget carrier Go First to take back their planes

Go First extends flight cancellations till May 28, promises full refund

This comes a day after the Directorate General of Civil Aviation (DGCA) granted 30 days to cash-strapped airline to submit a restructuring or revival plan

Go First insolvency: Travel agents claim Rs 900 crore stuck, seek govt help

TAAI President Jyoti Mayal said there was an apprehension that the travel industry and customers would lose the amounts due to them for services not rendered by the airline

GoAir to Mobikwik: IPOs worth Rs 32,881 cr 'to expire' by Dec-end

Out of 27 such IPOs, the offer of GoAir will be the first one to expire

GoAir's Delhi-bound plane rejects take off after dog comes on Leh runway

A Go First's aircraft, which was heading to Delhi, rejected take off as a dog came on the runway of Leh airport

2 GoAir flights suffer engine trouble, both planes grounded: Regulator

A GoAir flight from Mumbai to Leh flight on Tuesday diverted to Delhi after fault in second engine, the DGCA said

GoAir pilot refused to land at Patna airport after technical snag

Huge chaos was witnessed at Patna airport on Tuesday afternoon after the pilot of a GoAir flight from Delhi refused to land at the Jay Prakash Narayan airport.

Go First will evaluate operating flights to Ukraine, says airline official

Budget carrier Go First will evaluate the option of operating chartered passenger flights to Ukraine if there is a proposal from the government, a senior airline official said on Thursday.

SpiceJet to raise Rs 2,500 crore to fund working capital requirements

SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital

Jammu & Kashmir signs MoU with Go Air for transportation of agri produce

The memorandum of understanding has been signed for the transportation of perishable horticulture and agricultural produce to various destinations across the country

Covid-19 pandemic: Govt cuts airline capacity to 50% from June 1

Decision divides industry with experts calling it interference in commercial freedom of airlines

Go Air explores legal action against Go Holdings over brand rights

Dispute mentioned in airline's DRHP under 'risk factors'

Investors can expect upside in long term from Rs 3,600-cr GoAir IPO

Fresh funds will reduce pressure on balance sheet but a lot will depend on the company's ability to return to growth