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India s Go First Airways owes financial creditors $798mln

As of April 30, Go First Air had not defaulted on any of these dues, it said in the filing, which was seen by Reuters

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Go First owes financial creditors $798 million, shows bankruptcy filing

The company, which operates the Go First airline, had not defaulted on any of these dues as of April 30, it said in the filing.

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Go First Bankruptcy - Breakdown of banks exposure to Go First Airlines debt

Indian ultra low-cost airlines, Go First has announced that it has filed application for bankruptcy as the company is unable to fulfill its financial obligations. The Mumbai-based airline has been experiencing a significant cash shortage for the last few months due to multiple factors, including grounded aircraft caused by engine problems and supply chain issues. In a statement, the airline company said that its operations have become untenable due to Pratt & Whitney's failure to comply with the emergency arbitrator's

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India s Go First Airways owes financial creditors $798 million, filing shows

India s Go First Airways owes financial creditors $798 million, filing shows
kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.

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Go First proposes Abhilash Lal as IRP in voluntary bankruptcy plea; ropes in Alvarez & Marsal

Incidentally, back in 2015, Jet Airways had appointed Alvarez & Marsal to revive the operations of the firm post the sale of a 24 per cent stake to Etihad Airways.

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