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BUSY BEE AIRWAYS
NCLAT upholds NCLT liquidation order on Go FirstThe NCLAT has dismissed Busy Bee Airways' appeal and upheld NCLT's decision to liquidate Go First, as no viable revival plan emerged for th...- NCLAT dismisses plea against liquidation of Go FirstThe NCLAT dismissed petitions against Go First's liquidation, supporting an earlier NCLT ruling. Busy Bee Airways and others contested the ...
- India very important market; no talks for ventures with other airlines at present: flydubaiFlydubai seeks organic growth in India's network and denies current discussions with other airlines, including Busy Bee Airways, regarding ...
- Busy Bee Airways to reach out to GoFirst lenders; liquidator to file minutes of CoC meetingBusy Bee Airways has expressed interest in acquiring the grounded carrier Go First, which is undergoing liquidation proceedings. They plan ...
- Go First granted 60-day extension by NCLT to complete insolvency proceedingsBankrupt airline Go First has been granted an additional 60 days by the National Company Law Tribunal (NCLT) to conclude its insolvency pro...
- Go First planes need engines, spare parts; lessors to take longer to fly them out of IndiaIndustry experts anticipate that it will take longer for lessors to remove Go First's 54 deregistered planes from the country due to engine...
- Lenders to Go First weigh liquidation after court order on planes, sources sayLenders to India's Go First are scheduled to convene later this week to explore various options for the financially distressed airline, inc...
- Go First: Busy Bee Airways says to evaluate position after reviewing court orderOn Friday, the court directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by several lesso...
- Delhi HC asks DGCA to deregister all 54 of Go First's leased planes, gives 5 days' timeIn a setback for the struggling airline, the court also restrained the RP from replacing, taking out any accessories, spare parts, document...
- Delhi HC allows lessors' plea seeking deregistration of all 54 Go First aircraft, restrains carrier from flying themThe Delhi High Court grants lessors' request to deregister Go First's 54 aircraft, restricting the airline from operating them and ordering...
- Go First gets another 60 days to complete insolvency processA two-member bench of the Delhi-based NCLT admitted the request by the resolution professional (RP) of Go First, seeking an extension of th...
- Go First creditors to take possession of pledged land parcelThe lenders last week took symbolic possession of the land located in Thane, in the first step towards a likely auction of the property.
- 'Go First lenders yet to decide on bids, airline's revival likely to be delayed'Both bidders had increased their bids earlier this month after initial scrutiny by lenders, necessitating an extension to complete negotiat...
- SpiceJet CMD Ajay Singh ups bid for Go First following banks' nudgeOne of the two bidders for bankrupt airline Go First in India has raised its offer following lender encouragement, increasing the bid by 1-...
- SpiceJet-Credit Suisse Case: SC says no scope for belated payment, asks carrier to clear dues by March 15The Supreme Court directed SpiceJet to clear all outstanding dues to Credit Suisse by March 15. The court had earlier granted SpiceJet six ...
- Revival of bankrupt Go First airline will 'Spice' up India's aviationGo First receives bid from Ajay Singh and Busy Bee Airways, blaming Pratt & Whitney for revenue losses. SpiceJet plans to partner with Go F...
- SpiceJet shares jump 14% after Ajay Singh, Busy Bee Airways submit joint bid to acquire GoFirstSpiceJet said that it is currently in the midst of a revival plan and has successfully completed the first tranche of capital infusion amou...
- SpiceJet promoter Ajay Singh, Busy Bee Airways submit bid for GoFirstSpiceJet promoter Ajay Singh and Busy Bee Airways jointly bid for financially troubled GoFirst, planning to operate it with SpiceJet's supp...
- Longest war: Were America's decades in Afghanistan worth it?As the United States ends the nearly 20-year war in Afghanistan and as the Taliban recapture much of the country, Americans are asking if t...
- Can WNS transform itself in its bid to multiply its revenues?After successfully riding the analytics opportunity, WNS is looking to activate the next growth phase.
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