Go Airlines called on India's company law tribunal to urgently pass an order on its bankruptcy plea on Monday, citing efforts by lessors to repossess planes during ongoing legal proceedings.
Dozens of pilots, many from crisis-hit Go First, flocked to a Tata group hotel near Delhi on Thursday for walk-in interviews with the conglomerate's Air India airline.
The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle in which troubled lenders need to fail and get government assistance before buyers will step up, industry sources say.
LATAM Airlines reported a first-quarter net profit of $121.8 million, the company said on Wednesday, reversing a net loss of $380 million in the year-ago period.