New Delhi: Cash-strapped Indian airline Go First on Thursday announced extending the cancellation of its scheduled flights till July 16. The airline, which is undergoing an insolvency resolution process, stopped flying on May 3, and since then, it has extended the cancellation of flights multiple times.
Earlier, it had cancelled all flights till July 10.
In a statement, the airlines said, "We regret to inform that due to operational reasons, Go First flights scheduled till July 16 2023 have been cancelled. We apologise for the inconvenience caused by the flight cancellation."
The company has applied for immediate resolution and revival of operations. The Directorate General of Civil Aviation (DGCA) had also conducted a special audit of the airline earlier. The airline has submitted a revival plan to the regulator.
On Wednesday, the DGCA told the Delhi High Court that they have responded to the Resolution Professional (RP) of Go First, pointing out the shortcomings in the special audit report of the insolvent airline's revival proposal.
13/07/2023 Business Standard
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