Go First Airlines Flight Cancelled: Go First Airlines has announced the cancellation of its flights till 25 July. Go First Airlines tweeted on Sunday (23 July) that we are sorry to inform that Go First flights scheduled till 25 July 2023 have been canceled due to operational reasons. We apologize for the inconvenience caused by the flight cancellation.
The airlines further said in the tweet that the company has filed an application for immediate resolution and commencement of operations. We will be able to start booking again soon. We thank you for your patience. Insolvency resolution process is going on against Go First. The company had stopped its airlines from May 3.
Go First had filed for bankruptcy
The company had been battling engine problems for some time, due to which a large number of its aircraft had to be grounded. After this, GoFirst filed a petition for voluntary bankruptcy before the National Company Law Tribunal (NCLT). In which he alleged the delay was due to the inability of US-based engine maker Pratt & Whitney to fulfill the obligations.
The National Company Law Tribunal then appointed an Interim Resolution Professional (IRP). Then on June 9, Shailendra Ajmera was appointed as the Resolution Professional (RP) for GoFirst, which was later approved by the NCLT.
The company has 4,200 employees
The GoFirst airline has around 4,200 employees and had reported a total revenue of Rs 4,183 crore from operations in the financial year 2021-22. The resolution professional (RP) of the airline had submitted the plan to restore the services to the DGCA on June 28.
After that, the DGCA had conducted a special audit of various facilities related to flights of the company in Mumbai and Delhi. Aviation regulator DGCA on Friday allowed GoFirst airline to resume aircraft operations with certain conditions.
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