Wadia Group-owned Go First, which is facing financial trouble, on Friday announced that its flights will remain cancelled till May 23.
Due to operational reasons, Go First flights until 23rd May 2023 are cancelled. We apologise for the inconvenience caused and request customers to visit https://t.co/qRNQ4oQROr for more info. For any queries or concerns, please feel free to contact us. pic.twitter.com/si1c5e9hz4
— GO FIRST (@GoFirstairways) May 12, 2023
The airline had earlier cancelled all its flights till May 12 and suspended the sale of tickets till May 15. The carrier began cancelling all its flights on May 3 due to a financial crunch caused by the non-delivery of engines by Pratt & Whitney, which resulted in a significant portion of its fleet being grounded.
The Wadia Group-owned carrier, with liabilities totalling Rs 11,463 crore, has requested voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT) and an interim moratorium on its financial obligations.
The Directorate General of Civil Aviation (DGCA) directed the airline to immediately stop ticket sales and also issued a show cause notice for its failure to continue the operation of the service in a safe, efficient and reliable manner.
Go First, in its statement, on Wednesday said the company has filed an application for immediate resolution and revival of operations. “We will be able to resume bookings shortly," it said.
12/05/2023 News18.com
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment