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February 27, 2024
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Cash-strapped Go First extends suspension of flight operations till May 26

Cash-strapped Go First extends suspension of flight operations till May 26


Crisis-hit Go First on Wednesday extended the suspension of flight operations till May 26, citing operational reasons and expressed hope that it will be able to resume bookings shortly.

The National Company Law Tribunal (NCLT) admitted the airline's voluntary plea insolvency resolution proceedings on May 10
The National Company Law Tribunal (NCLT) admitted the airline’s voluntary plea insolvency resolution proceedings on May 10

Go First, which is undergoing insolvency resolution proceedings, stopped flying from May 3. Further, aviation regulator DGCA had directed the cash-strapped airline to stop bookings till further orders.

In an update on its website, the budget carrier, said that due to operational reasons, “flights until 26th May 2023 are cancelled”.

ALSO READ: Go First insolvency: What happened so far with the domestic carrier?

“A full refund will be issued to the original mode of payment shortly… as you are aware, the company has filed an application for immediate resolution and revival of operations. We will be able to resume bookings shortly,” it added.

The National Company Law Tribunal (NCLT) admitted the airline’s voluntary plea insolvency resolution proceedings on May 10. Abhilash Lal has been appointed as the Interim Resolution Professional (IRP) to manage the affairs of the carrier.

Some lessors have also moved the National Company Law Appellate Tribunal (NCLAT) against the NCLT’s decision.

Meanwhile, a claim management portal ‘gofirstclaims.in/claims’ has been launched for the Corporate Insolvency Resolution Process (CIRP) of Go First.


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