Go First crisis: SMBC Aviation Capital, one of the airline’s lessors, moved National Company Law Appellate Tribunal (NCLAT), challenging the NCLT order.
The airline has been in discussions with the Indian government about its plans to resume flights and will approach the authorities for permission to resume bookings following a meeting on May 11.
Go First: US-based jet manufacturers Pratt and Whitney has defended itself against the budget airline s claim that P&W is responsible for the financial condition and bankruptcy.
Go First Files A Insolvency: TATA and Indigo In Race: Go First was established by Nusli Wadia in 2005. After Pratt & Whitney engines were installed on A320 aircraft, there was a faster rate of premature failures, which resulted in the insolvency of the airlines.
GoFirst is scheduled to operate the Hajj flights from 10 embarkation points in different parts of the country. However, a senior official told the news agency that its flights would be reallocated to IndiGo and two Saudi Arabian airlines - Saudia and Flyadeal.