India's civil aviation regulator, the Directorate General of Civil Aviation, has given Go First one month to prepare a revival plan, weeks after it filed for bankruptcy on May 2. The regulator informed Go First on Wednesday that it has 30 days to prepare a "comprehensive restructuring/revival plan for a sustainable revival of operations".
The Wadia Group-backed airline will have to submit the status of availability of operational aircraft fleet, post holders required, pilots and other personnel, maintenance arrangements, funding or working capital, and arrangements with lessors and vendors, among other things, for sustainable revival of operations.
25/05/2023 Vinay Khulbe/BQ Prime
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