Go Air

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DGCA nudge prompts P&W to consider setting up MRO facility in India

IndiGo said that it expects 35 of its aircraft to be grounded in the January-March quarter of the current fiscal…

November 18, 2023 06:00 IST

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Go First gets claims worth Rs 24,000 crore from creditors

Go Airlines filed for bankruptcy protection in May.

July 22, 2023 23:55 IST

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Go Air plans to raise salaries of pilots by Rs 1 lakh per month to stay

The airline, which rebranded as Go First two years ago, said it will also soon reintroduce a “longevity bonus” for…

May 29, 2023 15:47 IST

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Explainer: India & The Cape Town Convention

The Cape Town Convention or CTC is a global treaty which guarantees the rights of lessors to repossess their leased…

May 27, 2023 06:30 IST

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Go First lessors move Delhi HC, want their leased aircraft back

Several lessors had subsequently moved the NCLAT against the tribunal’s order, but on May 22, the appellate tribunal rejected their…

May 27, 2023 05:30 IST

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Go First extends flight suspension period till May 28

On Thursday, the country’s civil aviation regulator said that it has advised the bankrupt airline to submit a comprehensive operational…

May 27, 2023 00:15 IST

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Go First lines up chartered services in revival bid

If the airline is able to restart chartered services, it will be on Delhi-Leh, Delhi-Srinagar and Delhi-Thoise air force base…

May 19, 2023 03:00 IST

NCLT admits Go First’s plea to initiate insolvency resolution

A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution professional…

Updated: May 10, 2023 12:45 IST

economy, monopoly, airlines, private airline, economic growth, competition, Mukesh Ambani, Gautam Adani, Tata Group, assets, domestic sectors, import tariffs, Go Airlines

The fight for India’s 1.4 billion consumers is a fixed match

Economists Arvind Subramanian and Josh Felman have drawn attention to the increasing heft of the “2As” — businessmen Mukesh Ambani…

May 9, 2023 12:17 IST

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DGCA issues show cause notice to Go First; asks airline to immediately stop sale of tickets

Earlier, the airline had suspended the sale of tickets till May 15 and has cancelled flights till May 12.

May 8, 2023 15:33 IST

Go First asks tribunal to urgently pass order on insolvency plea

The push comes less than a week after the cash-strapped Indian airline filed for bankruptcy, blaming “faulty” Pratt & Whitney…

Updated: May 8, 2023 12:35 IST

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Grounded Go Air can fly in a week if planes not seized, CEO Kaushik Khona Says

Go Air is also seeking to request for an outstanding emergency credit it is eligible under the Indian government’s program…

May 7, 2023 13:12 IST

Go First bankruptcy: Faulty Pratt and Whitney Engines or airline’s financial slip-up?

Go First came crashing down financially and filed for voluntary insolvency proceedings with the National Company Law Tribunal, blaming US-based…

Updated: May 5, 2023 16:58 IST

As Go First halts flights, competitors’ fares soar

The sudden withdrawal of around 200 flights services per day by Go First has not just led to a rush…

May 4, 2023 05:30 IST

Go First faces severe turbulence as rivals aim to fly high

Go First, the Wadia group-promoted low-cost airline, is facing its toughest challenge at a time when it peers are readying…

April 18, 2023 03:15 IST

DGCA slaps Rs 10 lakh fine on Go First for Bangalore airport incident on January 9

Aviation regulator DGCA on Friday imposed a Rs 10 lakh fine on Go First for the incident wherein 55 passengers…

January 27, 2023 17:39 IST

Airlines, Airlines extra credit support, Airlines eclgs

Airlines to get extra credit support under key scheme

SpiceJet, Go First likely gainers as finmin raises ceiling

October 6, 2022 06:30 IST

NCLAT dismisses Go Airlines petition against withdrawal of Sovika Aviation Services’ insolvency proceedings

The Mumbai bench of the National Company Law Tribunal (NCLT) had on September 23, 2021 allowed the Section 12A application…

February 18, 2022 23:04 IST

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President of the Federation of Indian Pilots (FIP), Captain CS Randhawa, claimed that the crisis “was not due to weather, ATC congestion, or crew shortages” but “pre-planned”.

‘IndiGo crisis pre-planned,’ alleges pilots’ body president, says management needs to be fined, criminally prosecuted

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CBI books Anil Ambani’s son Jai Ambani for alleged Rs 228 crore fraud: Report

Business23 min ago

CBI books Anil Ambani’s son, Jai Anmol, for cheating Union Bank of India of Rs 228.06 crore. This is the first time Jai has been named in a bank fraud case, while his father has been previously investigated. The bank alleges that Ambani Group’s Reliance Home Finance misused borrowed funds for other purposes.

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