Go First, which suffered from the economic crisis, has informed that its scheduled flight operations will be cancelled till July 10 amid operational factors. Since May 3, the airline has been grounded due to the cash-strapped.Due to operational reasons, Go First flights until 10th July 2023 are cancelled. We apologise for the inconvenience caused and request customers to visit https://t.co/FdMt1cRjeD for more information. For any queries or concerns, please feel free to contact us. pic.twitter.com/3T95lY4r2O— GO FIRST (@GoFirstairways) July 4, 2023How does Go First airline goes bankruptIn Early May, the Go First operator filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker for its inability to meet obligations, causing a hold on a portion of its fleet.It is said that the grounding of the Go First airline had put pressure on airfares, especially on selective routes where the airline had its footprint. A detailed plan for Go Firsts revival Taking notes from the situation, Resolution Professionals (RP) submitted a detailed plan for the now-grounded airlines revival before the Directorate of General Civil Aviation (DGCA).After a two-and-a-half-hour-long meeting with DGCA and its senior officials in the national capital, Go First Resolution Professionals has assured the regulator that the company is serious about restarting the business. In a statement, the airline said, “Resolution Professionals assured DGCA that there would be enough pilots and ground staff to resume operations.” They added, “Resumption plan proposes to operate Go First from maximum airports, flying over 70 routes with approximately 160 daily flights.”All depends on DGCAs decision It is noted that if the Directorate of General Civil Aviation is satisfied with the revival plan of Go First airline, then only, the regulator will initiate an inspection audit on the basis of the resumption plan.
