The National Company Law Tribunal (NCLT) on April 8 gave another 60-day extension to Go First to complete its insolvency process, which was the third extension sought by Go First.
Lenders to India's Go First will meet later this week to discuss options for the bankrupt airline, including liquidation, after a court order allowed lessors ..
The court has granted access to lessors to their aircraft. The Airports Authority of India (AAI) will communicate with the lessors regarding export of aircraft and airworthiness
The budget carrier in a statement said SpiceJet will take up the role of an operating partner by providing essential staff, services and industry expertise to the new airline if the bid turns successful