SpiceJet raises second tranche of Rs 316 crore under preferential issue: On January 26, the first tranche of Rs 744 crore was infused into the airline ...
business-standard.com/companies/news/spicejet-raises-second-tranche-of-rs-316-crore-under-preferential-issue-124022201116_1.html
You've money to buy Go First but not to pay Credit Suisse: SC to Ajay Singh: SpiceJet-Credit Suisse case: Credit Suisse and SpiceJet have been entangled in a ...
business-standard.com/companies/news/you-ve-money-to-buy-go-first-but-not-to-pay-credit-suisse-sc-to-ajay-singh-124021900891_1.html
Budget carrier SpiceJet's MD Ajay Singh submits bid for bankrupt Go First: SpiceJet shares closed 11.3% higher on Friday
business-standard.com/companies/news/budget-carrier-spicejet-s-md-ajay-singh-submits-bid-for-bankrupt-go-first-124021600857_1.html
Akasa Air to investigate deboarding incident involving BJP’s Sadhvi Pragya at Delhi airport – Here’s what happened
financialexpress.com/business/airlines-aviation-akasa-air-to-investigate-deboarding-incident-involving-bjps-sadhvi-pragya-at-delhi-airport-heres-what-happened-3396730/
NCLT extends deadline for Go First's insolvency for another 60 days: The National Company Law Tribunal on Tuesday extended the deadline for another 60 days to ...
business-standard.com/companies/news/nclt-extends-deadline-for-go-first-s-insolvency-for-another-60-days-124021300752_1.html
The 2024 flight chaos was no act of god: Indian airlines face few to no consequences for flight delays and passenger inconvenience. Update in regulation ...
indianexpress.com/article/opinion/columns/the-2024-flight-chaos-was-no-act-of-god-9123853/
Go First postpones resumption of flights, faces bleak future after CEO departure
aerotime.aero/articles/go-first-postpones-resumption-of-flights-faces-bleak-future-after-ceo-departure
Is grounded airline Go First even capable of doing test flight, asks lessor: The lessor also said that even physical inspection of the aircraft was not granted ...
business-standard.com/companies/news/is-grounded-airline-go-first-even-capable-of-doing-test-flight-asks-lessor-123120500977_1.html
Morning Buzz: Bad loans of banks and NBFCs at near-decade low; Nusli Wadia blames P&W engines for Go First collapse, and more
forbesindia.com/article/news/morning-buzz-bad-loans-of-banks-and-nbfcs-at-neardecade-low-nusli-wadia-blames-pw-engines-for-go-first-collapse-and-more/90567/1
India's Go First lenders to vote on liquidation amid lack of suitors -sources: Go First's lenders will vote on a proposal to liquidate the insolvent Indian ...
reuters.com/business/aerospace-defense/indias-go-first-lenders-vote-liquidation-amid-lack-suitors-sources-2023-11-23/
India's Go First lenders to challenge move that could let lessors reclaim planes - sources
reuters.com/business/aerospace-defense/indias-go-first-lenders-challenge-move-that-could-let-lessors-reclaim-planes-2023-11-09/
Central Bank of India classifies loans to troubled airline Go First as NPA: The public sector lender's exposure, including government-guaranteed emergency credit ...
business-standard.com/finance/news/central-bank-of-india-classifies-loans-to-troubled-airline-go-first-as-npa-123102200329_1.html
Go First lenders seek to recover up to 30%: Without aircraft, land bank only option
financialexpress.com/business/airlines-aviation-go-first-lenders-seek-to-recover-up-to-30-3300189/
Go First lenders pinning hopes on Jindal Power Ltd for revival: Banks may not approach Wadias for revival of airline.
indianexpress.com/article/business/aviation/go-first-lenders-pinning-hopes-on-jindal-steel-power-for-revival-9019503/
Engine lessor and SpiceJet arrive at $2 million interim settlement: Report: SpiceJet vs Engine lessor: The engine lessor has agreed not to pursue the stay ...
business-standard.com/companies/news/engine-lessor-and-spicejet-arrive-at-2-million-interim-settlement-report-123101600542_1.html
After Jindal, Jettwings submits expression of interest for Go First: On Wednesday, Naveen Jindal-led Jindal Power Limited (JPL) also submitted an EoI for Go ...
business-standard.com/companies/news/after-jindal-jettwings-submits-expression-of-interest-for-go-first-123101201071_1.html
Dubai Aerospace flags corrosion in plane leased to India's bankrupt Go First: Dubai Aerospace Enterprise (DAE) Capital has told an Indian court it detected ...
reuters.com/business/aerospace-defense/dubai-aerospace-flags-corrosion-plane-leased-indias-bankrupt-go-first-2023-09-14/
Quick Glance: Corrosion and Deposits Found in Dubai Aerospace Leased Plane at Bankrupt Go First
- DAE Capital reports corrosion and deposits on Go First's leased plane.
- Foreign lessors in legal battle to reclaim their aircraft.
- DAE submits evidence for maintenance and asset value preservation.
- Additional lessors report algae formation on unprotected planes.
Go First lessors demand aircraft deregistration post bankruptcy code changes | Mint
livemint.com/companies/news/go-first-lessors-demand-aircraft-deregistration-post-bankruptcy-code-changes-11696504532616.html
Paid articlePaid
Go First return faces further delay amid bench change at NCLT | Mint: This administrative roadblock presents challenges for both the airline's future and the ...
livemint.com/companies/news/go-first-return-faces-further-delay-amid-bench-change-at-nclt-11696425041258.html
Paid articlePaid Go First lessor seeks replacement of parts "robbed" from grounded planes in India
reuters.com/business/aerospace-defense/go-first-lessor-seeks-replacement-parts-robbed-grounded-planes-india-2023-09-06/
Fan blades, engine parts go missing from Go First jets, lessor says: From fan blades to escape slides, critical parts are missing from at least two planes of ...
reuters.com/business/aerospace-defense/fan-blades-engine-parts-go-missing-go-first-jets-lessor-says-2023-08-26/
Government upholds aircraft lessors’ trust in aviation market post IBC exemption: On October 3, the Ministry of Corporate Affairs, through a notification ...
financialexpress.com/business/airlines-aviation-government-upholds-aircraft-lessors-trust-in-aviation-market-post-ibc-exemption-3265417/
Indian airline SpiceJet tells court it is 'struggling to stay afloat': Indian budget airline SpiceJet told a court on Thursday it was "struggling to stay afloat" ...
reuters.com/business/aerospace-defense/indian-airline-spicejet-tells-court-it-is-struggling-stay-afloat-2023-08-24/
Akasa Air in the middle of crisis: How bad could the pilot shortage be?: Akasa Air Crisis: With Indian aviation staring at a potential scramble for pilots ...
business-standard.com/companies/news/akasa-air-in-the-middle-of-crisis-so-how-bad-could-the-pilot-shortage-be-123092501360_1.html
Paid articlePaid Green deposits, corrosion on leased planes, Go First lessor tells Delhi HC: Go First: The Delhi High Court reserved its orders in three applications filed by ...
business-standard.com/companies/news/greenish-deposits-corrosion-on-leased-aircraft-go-first-lessor-to-hc-123092201085_1.html
Go First resolution professional seek NCLT permit for tickets refunds: Go First has approached the National Company Law Tribunal (NCLT) seeking permission to ...
business-standard.com/companies/news/go-first-resolution-professional-seek-nclt-permit-for-tickets-refunds-123073000392_1.html
Go First lessor moves NCLAT | Mint: The latest plea also requests NCLAT to allow the lessors access to their aircraft in a manner like what was allowed for ...
livemint.com/companies/news/go-first-lessor-moves-nclat-11693422018412.html
Paid articlePaid Go First moves SC against HC order granting lessors' access to aircraft: Go First Crisis: lessors informed high court that future aircraft leasing would be ...
business-standard.com/companies/news/go-first-moves-sc-against-hc-order-granting-lessors-access-to-aircraft-123080300832_1.html
Go First gets conditional nod to resume flights | Mint: DGCA has allowed Go First to resume flight operations with 15 aircraft or 114 daily flights.
livemint.com/companies/go-first-gets-conditional-nod-to-resume-flights-11689966028742.html
Paid articlePaid India regulator permits Go First to resume flying with conditions: India's aviation regulator on Friday gave its nod to Go Airlines (India) to resume operations ...
reuters.com/business/aerospace-defense/india-aviation-regulator-approves-go-firsts-resumption-plan-order-2023-07-21/
Go First crisis: DGCA approves airline’s flight resumption plan with certain conditions
financialexpress.com/business/airlines-aviation-go-first-crisis-dgca-approves-airlines-flight-resumption-plan-with-certain-conditions-3181919/
Right seeking de-registration not fettered by Go First insolvency process: Aircraft lessor to Delhi HC
indianexpress.com/article/cities/delhi/go-first-insolvency-process-de-registration-aircraft-lessor-delhi-hc-8875810/
SIAC directs Pratt & Whitney to give Go First five engines a month: Go First Crisis: However, in May, Go First said that Pratt & Whitney were unable to dispatch ...
business-standard.com/companies/news/singapore-court-directs-p-w-to-dispatch-5-engines-to-go-first-every-month-123070601002_1.html
Aviation regulator DGCA removes SpiceJet from its enhanced surveillance regime: Aviation watchdog DGCA has taken off SpiceJet from its enhanced surveillance ...
deccanherald.com/business/business-news/aviation-regulator-dgca-removes-spicejet-from-its-enhanced-surveillance-regime-1240484.html
Gangwal family may sell up to 8% stake in Indigo via block deals by July: Indigo Stake Sale: The family is bringing its stake down since September last year when ...
business-standard.com/companies/news/gangwal-family-may-sell-up-to-8-stake-in-indigo-via-block-deals-by-july-123061200982_1.html
Check abnormal surge in airfares: Jyotiraditya Scindia to airlines: There were no immediate comments from airlines, but airline executives said on condition of ...
business-standard.com/economy/news/keep-fares-reasonable-civil-aviation-minister-scindia-tells-airlines-123060500916_1.html
India regulator permits Go First to resume flying with conditions: India's aviation regulator on Friday gave its nod to Go Airlines (India) to resume operations ...
reuters.com/business/aerospace-defense/india-aviation-regulator-approves-go-firsts-resumption-plan-order-2023-07-21/
After DGCA audit, Go First scales down revival plans: In its pre-audit initial resumption plan submitted to the DGCA, the airline had proposed to restart ...
financialexpress.com/business/airlines-aviation-after-dgcaauditgo-firstscalesdownrevival-plans-3178609/
Go First plans to restart operations with 26 planes, 152 daily flights; submits plan to DGCA
financialexpress.com/business/airlines-aviation-go-first-plans-to-restart-operations-with-26-planes-152-daily-flights-submits-plan-to-dgca-3112043/
Go First lenders discuss revival plan, appoint new resolution professional: Go First lenders' revival plan: Lenders however have opted for a new resolution ...
business-standard.com/companies/news/go-first-lenders-discuss-revival-plan-appoint-new-resolution-professional-123060900904_1.html
Go First's CoC now in place; approval for revival plan likely soon: Report: Lenders of Go First, which is undergoing voluntary insolvency resolution process ...
business-standard.com/companies/news/go-first-s-coc-now-in-place-approval-for-revival-plan-likely-soon-report-123060901017_1.html
Go First extends cancellation of its scheduled flights till July 16: Go First Flights: Go First, which is undergoing an insolvency resolution process ...
business-standard.com/companies/news/go-first-extends-cancellation-of-its-scheduled-flights-till-july-16-123071300391_1.html
Go First submits 6-month revival plan: The interim resolution professional (IRP) of Go First has submitted a six-month revival plan to the Directorate General of ...
financialexpress.com/business/airlines-aviation-go-first-submits-6-month-revival-plan-3110787/
Go First RP, lessors slug it out in court over 'right' to fly planes: The order of July 5 said that the NCLT does not have the power of judicial review over ...
business-standard.com/companies/news/to-fly-or-not-to-fly-go-first-plans-to-appeal-delhi-high-court-order-123070600985_1.html
Go First: Committee of Creditors now in place; approval for revival plan likely soon
financialexpress.com/business/airlines-aviation-go-first-committee-of-creditors-now-in-place-approval-for-revival-plan-likely-soon-3120628/
India stalls lessors' requests to reclaim Go First planes due to asset freeze: India's aviation watchdog has put on hold requests from lessors to repossess ...
reuters.com/business/aerospace-defense/india-aviation-watchdog-puts-jet-repo-request-go-first-lessors-hold-2023-05-30/
Troubled airline Go First extends cancellation of flights until June 4: Go First extends cancellation of flights: Go First had blamed the non-delivery of engines ...
business-standard.com/companies/news/troubled-airline-go-first-extends-cancellation-of-flights-until-june-4-123053000645_1.html
DGCA to Go First: Get CoC approval for revival plan: The Directorate General of Civil Aviation (DGCA) has asked the interim resolution professional (IRP) of Go ...
financialexpress.com/business/airlines-aviation-dgca-to-go-first-get-coc-approval-for-revival-plan-3118812/
It’s Bankruptcy That Needs a Rescue in India: Insolvent airline Go First will be a test of whether the country is ready to rebalance creditors’ rights and ...
bloomberg.com/opinion/articles/2023-05-23/india-airlines-both-go-first-and-bankruptcy-laws-need-a-rescue
Go First cancels all flights till May 28, citing operational reasons: Budget airline Go First has cancelled all its flights till May 28, citing operational ...
thehindu.com/business/go-first-cancels-all-flights-till-may-28-citing-operational-reasons/article66896359.ece
Jyotiraditya Scindia to meet senior airline representatives on rising airfares: Before flight suspension, the airline had a capacity of carrying around 35 ...
financialexpress.com/business/airlines-aviation-jyotiraditya-scindia-to-meet-senior-airline-representatives-on-rising-airfares-3112088/
Go First revival: DGCA to conduct special audit of airline next week in Delhi, Mumbai
indianexpress.com/article/business/aviation/go-first-revival-dgca-audit-delhi-mumbai-8694722/
DGCA asks Go First to submit a revival plan within 30 days: The DGCA has demanded that Go First submit a “comprehensive” revival plan within 30 after the ...
thehindu.com/news/national/dgca-asks-go-first-to-submit-a-revival-plan-within-30-days/article66892499.ece
Lenders ask Go First for a viable resolution plan: The draft revival plan of Go First entails deploying 22 aircraft for operations and keeping four in reserve to ...
financialexpress.com/business/airlines-aviation-lenders-ask-go-first-for-a-viable-resolution-plan-3145295/
NCLT grants GoFirst’s insolvency plea: The National Company Law Tribunal on May 10 admitted Go First’s plea for insolvency and granted protection under a ...
thehindu.com/business/Industry/nclt-grants-gofirsts-insolvency-plea/article66833810.ece
Go First extends flight cancellations till May 28, promises full refund: This comes a day after the Directorate General of Civil Aviation (DGCA) granted 30 days ...
business-standard.com/companies/news/go-first-cancels-all-flights-scheduled-till-may-28-promises-full-refund-123052600547_1.html
Go First offers extra pay to keep pilots on board: Executives call on DGCA to discuss plans for revival.
financialexpress.com/business/airlines-aviation-go-first-offers-extra-pay-to-keep-pilots-on-board-3106819/
#GoFirst airlines has informed Directorate General of Civil Aviation (#DGCA ) that they do not have a ‘definite timeline’ yet on the resumption of operations ... Show more https://www.livemint.com/news/india/go-first-airline-says-no-definite-timeline-for-resumption-of-operations-informs-dgca-11684845271399.html
Go First turbulence: Lessors seek to deregister 9 more planes of the airline: The National Company Law Tribunal (NCLT) is set to pronounce the order on the ...
financialexpress.com/business/airlines-aviation-go-first-turbulence-lessors-seek-to-deregister-9-more-planes-of-the-airline-3080838/
Where does Go First’s insolvency resolution process stand?: A revival plan is reportedly in the works. But airfares are as of now through the roof ...
indianexpress.com/article/explained/explained-economics/go-first-insolvency-resolution-process-aviation-8679618/
JKC plan for Jet Airways set for burial: Jet has not placed any request for renewal of the AOP, said a source, even though any such request is usually done at ...
financialexpress.com/industry/jkc-plan-for-jet-airways-set-for-burial/3090396/
Allow Go First pilots to exit without impediment: Pilot body to Scindia: Go First Crisis: The pilot's body has written to the minister seeking his intervention ...
business-standard.com/companies/news/allow-go-first-pilots-to-exit-airline-without-impediments-union-to-scindia-123051500878_1.html
Go First gone: engine troubles, COVID bring down India's third-largest airline: Before the COVID-19 pandemic, Go Airlines (India) Ltd said it was one of the few ...
reuters.com/business/aerospace-defense/go-first-gone-engine-troubles-covid-bring-down-indias-third-largest-airline-2023-05-03/
Quick Glance: Go First flights to remain suspended until May 15th
- Bankrupt airline Go First is expected to keep flight operations suspended until May 15th.
- Flights scheduled for May 3-5 have already been cancelled.
- More than half of the fleet of 54 aircraft has been grounded due to engine problems.
- The airline has not responded to queries from Mint at the time of publishing.
DGCA to conduct audit of Go First's preparedness before allowing flights: Aviation regulator DGCA will conduct an audit of Go First's preparedness before ...
business-standard.com/companies/news/dgca-to-conduct-audit-of-go-first-s-preparedness-before-allowing-flight-123052400368_1.html
Go First Insolvency: NCLAT reserves order on lessors’ plea for THIS date – All details here
financialexpress.com/business/airlines-aviation-go-first-insolvency-nclat-reserves-order-on-lessors-plea-for-this-date-all-details-here-3088763/
Go First likely to resume flights on May 24 with fewer aircraft: Report: GoFirst airlines news: Go First has also reportedly discussed the plans to resume ...
business-standard.com/companies/news/go-first-to-resume-flights-on-may-24-with-lesser-aircraft-report-123051100117_1.html
Paid articlePaid IndiGo posts record profit for Q4 as air travel booms | Mint: Total income during the quarter rose 78% from a year earlier to ₹14,600 crore ...
livemint.com/companies/news/indigo-reports-record-profit-of-919-2-crore-as-air-travel-booms-aims-to-double-in-size-by-end-of-decade-11684434317138.html
Paid articlePaid Go First insolvency: Travel agents claim Rs 900 crore stuck, seek govt help: TAAI President Jyoti Mayal said there was an apprehension that the travel industry ...
business-standard.com/industry/news/travel-agents-claim-rs-900-crore-stuck-with-go-first-seek-govt-help-123050900794_1.html
Paid articlePaid Go First cancels all flights till May 9; DGCA directs airline to process refunds to passengers
thehindu.com/business/Industry/go-first-flights-cancelled-until-may-9-dgca-directs-airline-to-process-refunds-to-passengers/article66811338.ece
NCLAT order fuels Go First’s hopes of returning to skies | Mint: The appeals court upheld the NCLT order
livemint.com/companies/news/nclat-upholds-nclt-order-on-go-first-aircraft-to-remain-with-airline-11684747119676.html
Paid articlePaid Go First extends flight cancellations till May 12, awaits NCLT's order: The extension comes as the National Company Law Tribunal reserved its order on Go First's ...
business-standard.com/companies/news/go-first-extends-flight-cancellations-till-may-12-awaits-nclt-s-order-123050501062_1.html
Paid articlePaid Banks may resort to higher provisioning for Go First: The airline’s leading lenders, including Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank ...
financialexpress.com/industry/banks-may-resort-to-higher-provisioning-for-go-first/3073371/
Rs 21,000 to fly from Delhi to Ahmedabad: Why are airfares in India soaring? : Domestic travel has become unaffordable for the average flyer. Airfares ...
firstpost.com/explainers/airfares-india-domestic-air-travel-tickets-price-rise-go-first-bankrupt-12697952.html
No bailout till Go First engine supply issue fixed: Minister: He said that a bailout can happen only when something can be done about the engines.
financialexpress.com/industry/no-bailout-till-go-first-engine-supply-issue-fixed-minister/3080696/
Go First dues: Wadias may offer one-time settlement: As airline has not defaulted, no bar on offering revival plan.
financialexpress.com/industry/go-first-dues-wadias-may-offer-one-time-settlement/3073410/
Go First insolvency: NCLT issues notice in plea by Jackson Aviation: Go First Lessors: The tribunal directed the insolvency resolution professional (IRP) to file ...
business-standard.com/companies/news/go-first-insolvency-nclt-issues-notice-in-plea-by-jackson-aviation-123060500674_1.html
Go First gets insolvency cover from National Company Law Tribunal : The airline’s lessors, who are seeking the return of about 40 planes after rental payments ...
scroll.in/latest/1048885/go-first-gets-insolvency-cover-from-national-company-law-tribunal
Go First may lose slots if suspension continues | Mint: The Wadia Group-backed airline has voluntarily filed for insolvency at the National Court of Law ...
livemint.com/companies/news/go-first-may-lose-slots-if-suspension-continues-11683483602648.html
Paid articlePaid Go First to suspend flights on May 3, 4; files for voluntary insolvency resolution proceedings
financialexpress.com/business/airlines-aviation-go-first-to-suspend-flights-on-may-3-4-files-for-voluntary-insolvency-resolution-proceedings-3071533/
Application to terminate leases of Go First's lessors not rejected: DGCA: The lessors of Go First had moved the high court against the DGCA, seeking to ...
business-standard.com/companies/news/application-to-terminate-leases-of-go-first-s-lessors-not-rejected-dgca-123053100966_1.html
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