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Go First cancels all flights till May 19 citing operational reasons
The airline said a full refund would be issued to the original mode of payment shortly.
ANI
Go First CEO meets DGCA official, civil aviation secretary for future course of action
Go First CEO Kaushik Khona met DGCA officials right after the National Company Law Tribunal (NCLT) …
ANI
DGCA required to deregister aircrafts, Go First lessors tell Delhi HC
New Delhi, Several aircraft lessors of Go First pitched before the Delhi High Court on Friday for d…
PTI
Go First Gone: 11th private airline to 'drop' out of skies in a decade
The tottering Indian aviation sector hit fresh turbulence when early this month, another flourishin…
Airfares likely to rise as Go First cancellations reduce capacity says travel agents body
No-frills carrier Go First filing for insolvency proceedings and cancelling flights is bad for the …
PTI
Doing everything possible to take utmost care of employees says Go First CEO
Go First chief Kaushik Khona has told employees that the airline has been crippled by recurring Pra…
PTI
Go First says 'serial failure' of P&W engines forced airline to approach NCLT
Go First on Tuesday said it has been forced to seek voluntary insolvency resolution proceedings due…
PTI
NCLT to hear insolvency proceedings plea filed against SpiceJet next week
Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating inso…
PTI
NCLT grants 90 days extension to Future Retail for concluding insolvency
The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate I…
PTI
Beijing says property developers in deep trouble must go bankrupt
China's real-estate debt crisis has already taken down property giant Evergrande, which is now unde…
Huileng Tan
Future Retail insolvency process: 48 cos selected as eligible prospective bidders
As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani Group, are on the fi…
PTI
Rise in airfares due to Go First's bankruptcy is temporary says SpiceJet CEO
SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the countr…
PTI
Amendments to competition law likely in Budget session
A bill to amend the competition law was introduced in Parliament on August 5 last year and was late…
PTI
DHFL sets record as India's housing finance company to go bankrupt
The Reserve Bank on Friday sent the crippled Dewan Housing Finance Corporation (DHFL) to the ba…
PTI
DGCA issues show cause notice to Go First, asks airline to immediately stop sale of tickets
Aviation regulator DGCA on Monday directed crisis-hit Go First to immediately stop bookings and sal…
PTI
Possibility of rival bids for Go Airlines? It is a hypothetical question: says CEO Kaushik Khona
Even though the Wadia group has approached the National Company Law Tribunal (NCLT) voluntarily to …
Air India to get ready to go pilots from Go Airlines
For the pilots of Go Airlines (India) Ltd, it seems their employer is a "no go airline" and the rac…
Binance just bought FTX. Here's how rumors of insolvency and fears of contagion led Sam Bankman-Fried into a deal.
The 30-year-old billionaire was not long ago vaunted for saving other crypto firms. Now he's asked …
Phil Rosen
OPINION: How to make India’s bankruptcy resolution process faster and more efficient
However, as with all new regulations, the law takes its time to settle. Having said that there a…
Wirecard files for insolvency after a devastating scandal that saw $2 billion go missing and its ex-CEO get arrested
Wirecard said it filed an application to open insolvency proceedings "due to impending insolvency a…