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Go Airlines’ lenders likely to meet on Wednesday to plan further course of action – sources

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By Siddhi Nayak
MUMBAI (Reuters) – Lenders to India’s Go Airlines (India) Ltd will likely meet on Wednesday to discuss the future course of action after the embattled airline filed for bankruptcy on Tuesday, two bankers aware of the development told Reuters.

The cash-strapped airline owes financial creditors 65.21 billion Indian rupees, its bankruptcy filing showed. As of April 30, the company had not defaulted on any of these dues, it said in a filing seen by Reuters.

(Reporting by Siddhi Nayak; editing by Sudipto Ganguly)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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