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SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
- Intel CEO who won over Donald Trump and Elon Musk now needs a breakthroughIntel CEO Lip-Bu Tan is entering his second year with renewed optimism, securing interest from tech giants like Apple and Tesla, and seeing...
- 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 ...
- GoFirst loses a suitor as EaseMyTrip's founder Nishant Pitti withdraws bidEaseMyTrip's CEO, Nishant Pitti, announced the company's decision to withdraw its bid for airline GoFirst, citing a focus on their core str...
- GoFirst engine lessors to wait further; NCLT says it will study Delhi HC orderNational Company Law Tribunal to decide on engine lessors for Go First after studying Delhi High Court order allowing lessors to repossess ...
- 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...
- Why Ajay Singh of troubled SpiceJet seeks redemption in bankrupt Go FirstAjay Singh, known for turning around airlines, has bid for the bankrupt Go First airline. However, his own airline, SpiceJet, is also facin...
- Jindal Power will not bid to take over airline Go FirstIndia's Jindal Power has decided against bidding for Go First, the insolvent airline, after evaluating its financial statements. The deadli...
- Go First creditors approve Rs 425 cr interim fund to revive airline, await board nodCreditors of cash-strapped airlines Go First have approved interim finance of Rs 425 crore aimed at reviving the airline. While an in-princ...
- Fluctuations in pricing exist and will continue, says IndiGo CEO Pieter ElbersIndiGo CEO Pieter Elbers, has said that fluctuations in the airfares are due to temporary disruptions in capacity caused by the suspension ...
- Agents reluctant to sell GoFirst ticketsTravel agents, who are likely owed more than ₹500 crore by Go First Airlines, aren't willing to sell its tickets despite verbal requests fr...
- Lessors calling India a risky jurisdiction is to influence court proceedings: GoFirstEngine makers cannot wash their hands off their liabilities after supplying sub-standard engines which has led to huge losses for all airli...
- Bankers expect minimal losses from Go First insolvencyWhile promoter Wadia group has refused to infuse any more equity, banking sources said that the airline has sufficient collateral against i...
- Complying with arbitration order on Go First, says Pratt & WhitneyA day after Go First filed for insolvency proceedings and cancelled flights citing non-availability of P&W engines, the US-based engine mak...
- Go First doing everything possible in current situation with utmost care for employees: CEO tells staffGo First chief Kaushik Khona has told employees that the airline has been crippled by recurring Pratt & Whitney engine troubles and assured...
- Go First denies report of promoters mulling to exit business despite cash burnGo First, which made its highest annual financial loss to date in FY22, has been tackling huge operational issues in the past few months as...
- Republic Day sale: After Air India, GoFirst slashes pricesBudget carrier GoFirst has slashed airfares as a part of its Republic Day sale, passengers can book domestic fares starting at Rs 1,199 whi...
- GoFirst launches sale, domestic fares start at Rs 1,199Formerly known as GoAir, the company tweeted that the discount will be applicable for tickets booked between January 16 and 19 while the tr...
- Fully vaccinated? Avail up to 20% off on base fare with GoFirstThe offer is valid till January 31, 2022 for booking and March 31, 2022 for travel period. Those availing the offer have to carry their Cov...
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