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The Delhi High Court on Friday ordered the de-registration of the planes leased out to Go First Airlines by various companies, and restrained the debt-ridden airline from flying them. ....
India Business News: GoFirst, the bankrupt airline formerly known as GoAir, may no longer be protected under the asset protection provided by the Insolvency and Bankruptcy ....
Go Airline's resolution professional has yet to verify the veracity of the claims and did not immediately respond to a Reuters' email seeking comment. ....
In the meantime, the Court allowed the Resolution Professional to carry out the maintenance of the aircrafts and the lessors to carry out inspections. ....