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DGCA stalls lessors requests to reclaim Go First planes due to asset freeze | Business News,The Indian Express
India's aviation watchdog has put on hold requests from lessors to repossess planes from airline Go First as the carrier's bankruptcy process imposes a freeze on assets which supersedes such requests, it said in a court filing.
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Go First Revival: Airline Replies To DGCA Notice, To Submit Restructuring Plan Soon
DGCA will conduct an audit of Go First's preparedness before approving the resumption of flights.
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DGCA asks Go First to submit revival plan in 30 days: Report
Go First, which is undergoing a voluntary insolvency resolution process, stopped flying on May 3.
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Trouble deepens for Go First as international aviation body issues watchlist notice to IRP
NCLT admitting Go First s plea for voluntary insolvency gives it protection from the airline losing its airport slots and aircraft.
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