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Friday, September 26, 2025
TopicGo First

Topic: Go First

SpiceJet interested in acquiring bankrupt carrier Go First, shares spike about 7%

SpiceJet said it would make the offer after conducting due diligence on Go First’s resolution professional, said the official involved in conducting airline’s insolvency process.

Go First says its revival could be derailed if court agrees to lessors’ demands

The lessors asked the court to force Go First to supply maintenance and aircraft preservation records for their jets.

Cash-strapped Go First can now resume flight operations, says DGCA. But conditions apply 

Go First had stopped flight operations in May. DGCA says it can now resume but after fulfilling conditions like getting its flight schedule approved & making interim funding available.

Govt capping airfares may ‘distort market, deny consumers benefits of competition’

Under current regulation, airfares aren't regulated by govt or DGCA. On 5 June, civil aviation minister Jyotiraditya Scindia told airlines to keep fares on particular routes 'within limit'.

‘Told airlines to keep maximum prices within certain limits’, says Scindia amid fare surge

Civil aviation minister also said that airlines must proactively monitor their fares rather than wait for govt to step in. He attributed surge to seasonal demand, capacity squeeze.

DGCA stalls requests by lessors to repossess Go First planes due to asset freeze

Go First was granted bankruptcy protection on 10 May and the lessors argue that it has no rights over planes as the leases were terminated by leasing firms.

India aviation watchdog puts jet repo request from Go First lessors on hold

By Aditya Kalra NEW DELHI (Reuters) - India's aviation watchdog has put on hold requests from lessors to repossess planes from airline Go First as the carrier's bankruptcy process imposes a freeze on

DGCA to audit Go First’s preparedness before restarting operations

In an internal memo, the aviation regulator said the employees are requested to be available for flying so that the relaunch is smooth.

NCLAT upholds insolvency proceedings against cash-strapped Go First

National Company Law Tribunal will decide whether lessors who terminated their leases before the bankruptcy proceedings began can repossess their aircraft.

Go First backs emergency arbitration in Pratt & Whitney dispute

Go Airlines has approached a court in Delaware to enforce an arbitration order made in Singapore in March, which ordered Pratt to assist the airline & supply serviceable spare engines.

On Camera

Muslims at garba—whenever a festival becomes exclusionary, we lose a piece of India

Conservative clerics warned Muslims against garba as impermissible; now Hindu right-wing groups call their presence provocative—different reasons, same outcome.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Govt inks deal with HAL for 97 new Tejas Mk1A; previous order’s deliveries likely to begin next yr

There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.