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The Financial Capital of India - Mumbai - is the base city for the newly launched Akasa Air as well as the Go First airline, which has stopped its operations in India.
NEPC Airlines, Damania Airways, Jet Airways, Kingfisher Airlines, Deccan Aviation, and Paramount Airways have one thing in common. These airlines and several others took off fast only to crash land or get bought out by others.
Go First is not the first airline in India to face the threat of going under. There have been numerous failed airlines in India as more than 15 airlines have shut down over the last two decades. It is a long list of failures, from East West Airlines and Damania Airways to Kingfisher Airlines and more recently Jet Airways.