Go First forms company to deal with aircraft leasing firms: Report
Go First crisis: The company was floated in December and is being led by Sachin Naik, a former employee in Go First’s finance department.
Source: businesstoday.in
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Planes not being maintained is a problem for everybody: Delhi High Court in Go First dispute
Lessors have moved a contempt petition before the High Court claiming that the previous order allowing them access to the planes to carry out maintenance work was not being followed.
Source: barandbench.com
Go First Insolvency: Carrier faces bleak future as lenders assess fund infusion plans
The DGCA told Delhi HC the recent directive exempting aviation leases from the bankruptcy moratorium should be applicable even to companies undergoing insolvency proceedings. This significantly diminishes the likelihood of the airline's revival
Source: livemint.com
Go First Case: Delhi High Court allows lessors to engage security to monitor aircraft
Go First's resolution srofessional has been directed to grant the lessors access to all the documents pertaining to the maintenance of aircraft, engines and airframes in two weeks
Source: moneycontrol.com
Moneycontrol Selects: Top stories this afternoon
Our specially curated package of the most interesting articles to help you stay at the top of your game.
Source: moneycontrol.com