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May 31, 2023
The matter is now listed for arguments by other respondents on May 31. GoFirst filed for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT) resulting in a moratorium on the airline's financial obligations.
May 31, 2023
The submission was made by advocate Anjana Gosain for the aviation regulator before a single-judge bench of Justice Tara Vitasta Ganju.
May 26, 2023
Between May 4 and May 9, lessors sought de-registration and repossession of 45 of Go First’s fleet of 55 aircraft. Go First stopped flying from May 3.
May 26, 2023
Between May 4 and May 9, lessors sought de-registration and repossession of 45 of Go First’s fleet of 55 aircraft. Go First stopped flying from May 3.
May 10, 2023
The lessors need to move carefully in this situation, and it is in their interest to let Go First go through the insolvency process and resolve the issues so that the aircraft can fly again, said aviation experts and lawyers.
May 8, 2023
In all, the lessors have so far requested to deregister and export 33 A320 operated by Go First, the official added.
May 6, 2023
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
May 5, 2023
Aircraft lessors on May 4 opposed Go First’s urgent plea for voluntary insolvency resolution proceedings and a moratorium on the financial obligations during the hearing before the National Company Law Tribunal, which reserved its order