Go First has a history of missing financial obligations, says Pratt & Whitney – Times of India

[ad_1] NEW DELHI: US aerospace major Pratt & Whitney (P&W) on Wednesday hit back at Go First with sources in the company saying that the airline “has a lengthy history of missing its financial obligations to Pratt”. P&W had been squarely blamed by Go First for running out of funds as it filed a voluntary … Read more

Go First Bankruptcy: DGCA Issues Show Cause Notice As Airline Cancels Flights Till May 5

[ad_1] The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Go First after the airline cancelled fresh bookings from May 3-5. In a statement, DGCA said that no prior intimation was given to the DGCA for such cancellations and Go First (formerly Go Air) has failed to adhere to the … Read more

Go First Bankruptcy: Reason For Insolvency, History And Future Of Low Cost Airline – Explained

[ad_1] Go First, formerly known as GoAir, a Wadia Group-owned airline, today announced to file an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi. The airline declared to cancel all filed till May 5, as it goes bankrupt amid severe cash crunch. Nearly two years ago, Go First filed … Read more