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Go First lessors may not get possession of aircraft if IBC kicks in

The lessors need to move carefully in this situation and it is in their interest to let Go First go through insolvency and resolve the issues so that the aircraft can fly again, said aviation experts and lawyers

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NCLT reserves order on Go First s insolvency plea- The New Indian Express

The National Company Law Tribunal (NCLT) on Thursday reserved its order on Go First’s plea seeking voluntary insolvency resolution.

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Explained: How Did GoFirst Go From Multiple IPO Attempts To Voluntary Bankruptcy?

Explained: How Did GoFirst Go From Multiple IPO Attempts To Voluntary Bankruptcy?
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IndiGo, SpiceJet & Jet Airways shares jump up to 8% after Go First files for insolvency

Go First was looking to raise about Rs 3,600 crore via IPO, which was deferred once again amid the weak sentiments and reluctance of owners to infuse funds into the loss-making company.

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IndiGo, SpiceJet & Jet Airways Shares Jump up to 8% on Go First Bankruptcy; Here s Why

Go First insolvency will remove 9 per cent of domestic supply in the aviation sector, according to BofA Securities.

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