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  4. Go First Airlines says all its flights to remain cancelled from May 3-5 | DETAILS

Go First Airlines says all its flights to remain cancelled from May 3-5 | DETAILS

The airline will also submit a detailed report to aviation regulator Directorate General of Civil Aviation (DGCA).

Hritika Mitra Edited By: Hritika Mitra @MitraHritika New Delhi Updated on: May 02, 2023 22:58 IST
Go First Airlines says all its flights to remain cancelled
Image Source : FILE Go First Airlines says all its flights to remain cancelled on May 3, 4

Go First Airlines will temporarily suspend flights from May 3 to 5 due to a severe fund crisis, informed the airlines chief Kaushik Khona on Tuesday.  

The company has also filed for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi.

Speaking to PTI, Khona said the airline has grounded 28 planes, more than half of its fleet, due to the non-supply of engines by Pratt & Whitney (P&W). This has resulted in a fund crunch. 

"It is an unfortunate decision (filing for voluntary insolvency resolution proceedings) but it had to be done to protect the interests of the company," he said.

The airline will also submit a detailed report to the aviation regulator Directorate General of Civil Aviation (DGCA).

Flights will be suspended on May 3 and 4. Once the NCLT admits the application, then the flights will be restarted, Khona said. Go First has more than 5,000 employees.

DGCA issues show-cause notice to airlines

The aviation regulator of the country issued a show cause notice to Go First after the airline canceled fresh bookings from 3-4 May.

ALSO READ | DGCA imposes fine on Go First airlines for leaving its 50 passengers at Bengaluru airport

ALSO READ | 'Multiple mistakes': Go First gets show cause notice for leaving behind 55 passengers

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