DelhiDesk Go First Airline is facing bankruptcy and has cancelled all its flights from 3 to 5 May 2023, causing problems for passengers. The airline has applied for Voluntary Insolvency Proceeding in NCLT. Go First’s earnings have been decreasing and the company does not have the money to pay the dues of oil companies. The DGCA has sent a notice to Go First and Civil Aviation Minister Jyotiraditya Scindia has said efforts will be made to save the airline. SpiceJet has taken advantage of the situation and decided to restart 25 grounded aircraft, which is expected to boost its revenue. Go First has blamed the American engine company, Pratt & Whitney, for its bankruptcy as it did not receive the engines it ordered, which has affected its earnings.

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Here is the news bullets sorted by DelhiBreakings.com team.

๐Ÿ‘‰ Airlines company Go First Airline is on the verge of bankruptcy.
๐Ÿ‘‰ The company has canceled all its flights from 3 to 5 May 2023.
๐Ÿ‘‰ Due to which the problems of the passengers have increased.
๐Ÿ‘‰ GoFirst passengers looked dejected at the airport.
๐Ÿ‘‰ The company has applied for Voluntary Insolvency Proceeding in NCLT.
๐Ÿ‘‰ The company has said that it does not have the money to pay the dues of the oil companies.
๐Ÿ‘‰ Airlines have not been able to operate their entire aircraft due to disruption in the supply of aircraft engines.
๐Ÿ‘‰ DGCA has sent a notice to GoFirst on stopping the airline and has sought a response from the airline company within 24 hours.
๐Ÿ‘‰ Civil Aviation Minister Jyotiraditya Scindia said that efforts will be made to save the airline.
๐Ÿ‘‰ SpiceJet has decided to restart its 25 aircraft.
๐Ÿ‘‰ The airline company SpiceJet is planning to restart 25 grounded aircraft.
๐Ÿ‘‰ Airlines facing cash crunch have blamed the American engine company for this.
๐Ÿ‘‰ GoFirst Airline said that there were continuous problems with the supply of P&W International Aero Engines from America.

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