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Lenders to India's Go First weigh liquidation after court order on planes

Lenders to India's Go First weigh liquidation after court order on planes
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'No value left in the airline', say Go First bankers; lenders to discuss future course of action

Go First crisis: Go First owes a total of $780.88 million to its creditors that include Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank. ....

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Go First Case: Delhi High Court Directs DGCA To Process De-Registration Of Leased Aircrafts

The Delhi High Court on Friday passed a slew of directions to de-register 54 aircrafts of various lessors on lease with the crisis-hit airline Go First.While disposing of a batch of pleas moved by the. ....

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Delhi HC directs DGCA to forthwith process applications of Go First's lessors' to deregister aircraft | Business News

“DGCA shall forthwith and not later than five working days process the deregistration applications filed by the 54 aircrafts,” the court said. ....

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Go First case: DGCA directed to process deregistration of leased planes

Go First stares at the risk of losing all 54 of its leased aircraft unless the company s resolution professional secures a stay within five working days. ....

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