New Delhi: Crisis-hit airline Go First on Tuesday told the Directorate General of Civil Aviation (DGCA) it hopes to resume flight operations at the "earliest" but has not given any tentative date by when it plans to do so and with what scale.
Undergoing insolvency, the airline has replied to the showcause notice issued by the regulator based on which a call is to be taken on its licence.
"After having got reprieve from lessors re-possessing aircraft on Monday (referring to NCLAT upholding NCLT admitting Go First's insolvency plea), the reply is basically a statement of intent. That the airline wishes to resume operations. But this reply does not have details like funding; with how many planes and how many routes they plan to resume operations on. We expect another communication when the IRP (insolvency resolution professional) has something concrete to share," said people in the know.
The regulator had earlier indefinitely barred Go First from selling tickets without its approval.
Go First has cancelled all flights since May 3, a day after filing for insolvency.
Lessors approached DGCA under Cape Town Convention to repossess 45 of the airline's 54 planes.
But after its IBC plea was admitted, the airline has got protection from assets in its possession like airport slots and aircraft being taken away from it.
The DGCA will do due diligence on terms of seeing whether Go First has the requisite financial and human resource strength to mount operations safely.
"The NCLT verdict gives protection to Go First in terms of its assets. But it is not a direction to DGCA for the airline to fly again. They have to see all aspects before giving the go ahead," said people in the know.
The road ahead for Go First — that tries to rebuild itself amid the ruins of Jet Airways’ so-far-unsuccessful NCLT-route revival plan — will not be easy.
23/05/2023 Saurabh Sinha/Times of India
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