DelhiDesk GoFirst, a cash-strapped low-cost airline, has suspended all flights until May 9 and banned the sale of tickets until May 15, following the filing of a voluntary bankruptcy resolution petition in India’s National Company Law Tribunal (NCLT). The airline has appealed to restrain aircraft lessors from taking recovery action, and to prevent the Directorate General of Civil Aviation, suppliers of essential goods and services, and fuel suppliers from taking coercive action. The DGCA has ordered the airline to refund passengers and said it will take further action as per the outcome of the application before NCLT.
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Here is the news bullets sorted by DelhiBreakings.com team.
👉 GoFirst has banned the sale of tickets until May 15 after filing for voluntary bankruptcy resolution petition in the NCLT.
👉 The company has informed DGCA that it has suspended all flights till May 9.
👉 GoFirst has filed an application under section 10 of the Insolvency and Bankruptcy Code before the NCLT.
👉 DGCA has ordered the airline to process refunds to passengers as per the timelines specified in the regulations.
👉 GoFirst has appealed to restrain aircraft lessors and DGCA from taking any recovery action.
👉 The airline has also requested the DGCA, AAI, and private airport operators not to cancel departure and parking slots allotted to them.
👉 GoFirst wants fuel suppliers to continue supplying for aircraft operations.
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