Go First bankruptcy

Cash-strapped airline Go First on Friday announced the suspension of flights till May 12.“We apologise for the inconvenience caused by the flight cancellations. A full refund will be issued to the original mode of payment shortly. We…

NEW DELHI: Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal, including restraining lessors from taking back aircraft and regulator DGCA from taking any adverse action against the airline.The …

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NEW DELHI: US aerospace major Pratt & Whitney (P&W) on Wednesday hit back at Go Firstwith sources in the company saying that the airline "has a lengthy history of missing its financial obligations to Pratt". P&W had been…

<!-- -->The company has defaulted on payments to operational creditors.Mumbai: Indian airline Go First, which filed for bankruptcy on Tuesday, owes financial creditors Rs 65.21 billion ($798 million), its bankruptcy filing showed.As…

Pratt & Whitney, the aircraft engine manufacturer which has been blamed by cash-strapped airline Go First for allegedly supplying ‘faulty’ engine, has now responded to the allegations. Go First had alleged that the engine…

NEW DELHI: With India's third-largest airline - Go First - filing for bankruptcy, the already high spot airfares could rise further on routes where the Wadia Group entity has significant presence as the peak travel season kicks in. Domestic…

NEW DELHI/MUMBAI: Go Airlines, founded by billionaire Nusli Wadia, filed for bankruptcy on Tuesday with the low-cost carrier blaming US engine-maker Pratt & Whitney for grounding half of its fleet. Rechristened Go Firstlast May, the…