Saturday, May 13, 2023

Let's get business running, crisis-hit Go First's IRP tells staff

Go First chief executive officer Kaushik Khona and tribunal-appointed interim resolution professional Abhilash Lal on Thursday reached out to the airline’s staff, seeking their support for revival.

While Khona said the company had taken all steps for the airline’s revival, Lal put forward the view it would have to raise funds.

Employee engagement took place a day after the National Company Law Tribunal (NCLT) admitted the airline’s insolvency plea on Wednesday and ordered a moratorium on recoveries.

“We have to get business back running and have to raise funds and make sure we have qualified people running it and above all we have to ensure we continue doing the good work to the highest level of excellence that we have done so far,” Lal said in a virtual town hall with the airline staff.

The airline has indicated to the civil aviation ministry it would be able to start operations in around two weeks.

Before it suspended flights it was operating around 200 flights daily with 27 aircraft.

The airline will have to plan its operations based on the deposits available and the expected cash flow.

It will have to retain pilots, the cabin crew, and engineers who have been offered jobs by rivals.

While pilots have to give six months’ notice before leaving jobs, Air India has offered to accept them without a release letter from previous employers.

Such pilots though will have to give a self-declaration and indemnify Air India from issues arising from previous employment.

“I am proud of the team and am sure having come thus far, you will continue to be part of the process to bring Go First back to being the most enviable airline shortly,” Khona wrote in a staff email.

“We seek your continued support to the company in this process of revival,” Khona added.

12/05/2023 Aneesh Phadnis & Bhavini Mishra/

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