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Saturday, September 6, 2025
TopicGo First bankruptcy

Topic: Go First bankruptcy

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.

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.

Global aviation body places India on watchlist after bankruptcy protection for Go First

The move by Aviation Working Group could raise leasing costs for Indian airlines and hurt lessors’ confidence just as the world’s third-largest domestic market faces record growth.

Global aviation leasing watchdog places India on watchlist after Go First bankruptcy protection

Aviation Working Group’s move could raise leasing costs for Indian airlines and further hurt lessors' confidence in world's third-largest domestic aviation market.

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