New Delhi: Naveen Jindal's Jindal Power is learnt to have submitted an expression of interest (EoI) for GoAir (GoFirst) that stopped flying in May, say sources. Two foreign parties had also submitted EoIs but they did not qualify, making Jindal the sole player in the fray. NCLT-appointed GoAir resolution professional Shailendra Ajmera is examining the EoI.
Hisar-based Jindal Steel & Power is a non scheduled operator permit holder (NSOP, charter operator). The DGCA website shows it has a nine-seater Cessna 560XL aircraft.
Time is fast running out for the erstwhile Wadia Group airline, which suspended operations on May 2, 2023, as its unpaid-for-months employees are now getting increasingly restive due to a radio silence on the salary issue. Also, the moratorium period provided by India's bankruptcy law, that has allowed GoAir to hold on to 45 leased aircraft, engines and other assets like foreign bilaterals, is soon going to be over.
"Over the past few months, a large number of GoAir pilots have joined Air India Group and IndiGo. Now, it has about 150 pilots left (captains and first officers). If this time also nothing works out, then the remaining few could also leave. There are still about 3,000 direct employees. They are all very upset at being left high and dry when it comes to salary payment even during this festive season. Nobody is bothered about them," said sources.
12/10/2023 Times of India
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