Rajasthan Headlines
Buisness

The suspension of flight operations by Go First is extended until May 26

Crisis-hit Invoking operational concerns, Go First on Wednesday prolonged the suspension of flight operations until May 26 and expressed optimism that it would soon be ready to begin reservations.
As of May 3, Go First, which is going through insolvency resolution procedures, ceased flying. Additionally, the cash-strapped airline has been told to halt reservations until further directives by aviation regulator DGCA.
The low-cost airline said on its website that “flights until May 26th 2023 are cancelled” owing to operational concerns.
“A complete refund will soon be processed and provided to the original method of payment… As you are aware, the business has submitted a request for a quick settlement and resumption of activities. Bookings will soon be available again,” it stated.
On May 10, the airline's voluntary plea insolvency resolution procedures were accepted by the National Company Law Tribunal (NCLT). Abhilash Lal has been chosen to serve as the carrier's Interim Resolution Professional (IRP).
A few lessors have also appealed the NCLT's ruling to the National Company Law Appellate Tribunal (NCLAT).
A claim management website called “gofirstclaims.in/claims” has been made available for Go First's Corporate Insolvency Resolution Process (CIRP).

Related posts

striking the appropriate notes

Amitabh Bachchan practices for “Kaun Banega Crorepati: 15” and posts set photos

Top Selling Vehicles These are the vehicles that are selling the best in India this year; they are well-established in their respective markets

Fitch Ratings increased India’s GDP estimate, beneficial for Indian Economy 

Fertility Center Indira IVF Purchased by Hong Kong Company for Rs. 5,400 Cr.

The Kerala Story Struggles To Find OTT Buyers, And Sudipto Sen Says The Film Industry Is ‘Punishing’ Them