Go First Airlines has officially informed the DGCA that they are currently unable to provide a definite timeline for resuming their operations. The airline has suspended all its fights on May 3, leading to disruption of their services.

On Tuesday, the suspended board of GoFirst took legal action against four aircraft lessees associated with the beleaguered airline by filing a caveat in the Supreme Court.

Suspended Board Chairman Varun Berry filed these caveats through his counsel Advocate Pranjal Kishore. The website of the Supreme Court of India provides details about the caveats filed.

The lessees named in the warnings include SMBC Aviation Capital Ltd, GY Aviation, SFV Aircraft Holdings and Engine Leasing Finance BV (ELFC). These lessors have a total of about 22 airplanes, complicating the situation even more.

As the situation unfolds, stakeholders and industry experts are closely tracking the outcome of the legal proceedings and the ongoing insolvency resolution process for GoFirst Airlines.


Follow us for latest travel updates on FacebookTelegram and Twitter

Also Read: Anyone Can Travel To Space At A Cost of One Crore Per Person

Post a Comment

Please do not enter any spam link in the comment box

Previous Post Next Post