India Business News: EaseMyTrip founder Nishant Pitti and SpiceJet promoter Ajay Singh have submitted a joint bid to revive GoFirst, giving the budget carrier, grounded si
RP Voting Deadline Extends Go First Lenders May Seek Alternative Options - BW Businessworld businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.
Lenders are looking to discuss a proposal to liquidate Go First, a proposal to choose a firm to evaluate its remaining assets, and another proposal to evaluate potential buyers interested in the airline’s assets.
A senior Air India executive said the price of monthly aircraft leasing contracts has recently risen nearly 1.5-2% compared to 2022, which led to higher borrowing when taking delivery of aircraft for domestic airlines