Indian low-cost airline
Bankrupt Indian airline Go First gets two financial bids, say bankers: India's Go First has received two financial bids as part of its bankruptcy process ...
reuters.com/business/aerospace-defense/bankrupt-indian-airline-go-first-gets-two-financial-bids-say-bankers-2024-02-24/
SpiceJet raises second tranche of Rs 316 crore under preferential issue: On January 26, the first tranche of Rs 744 crore was infused into the airline ...
business-standard.com/companies/news/spicejet-raises-second-tranche-of-rs-316-crore-under-preferential-issue-124022201116_1.html
Budget carrier SpiceJet's MD Ajay Singh submits bid for bankrupt Go First: SpiceJet shares closed 11.3% higher on Friday
business-standard.com/companies/news/budget-carrier-spicejet-s-md-ajay-singh-submits-bid-for-bankrupt-go-first-124021600857_1.html
You've money to buy Go First but not to pay Credit Suisse: SC to Ajay Singh: SpiceJet-Credit Suisse case: Credit Suisse and SpiceJet have been entangled in a ...
business-standard.com/companies/news/you-ve-money-to-buy-go-first-but-not-to-pay-credit-suisse-sc-to-ajay-singh-124021900891_1.html
#MintPrimer | SpiceJet boss Ajay Singh & Busy Bee Aviation have submitted a rescue plan for bankrupt airline Go First. Previously ... Show more read.ht/SGRz
SpiceJet to lay off 1,400 people, 15% of its workforce : Indian low-cost airline SpiceJet will be laying off 1,400, the equivalent of 15% of its workforce ...
aerotime.aero/articles/spicejet-to-lay-off-1400-people15-of-its-workforce
Go First bid: Ajay Singh, Pitti bank on land parcel, arbitral award to revive the airline
financialexpress.com/business/airlines-aviation-go-first-bid-ajay-singh-pitti-bank-on-land-parcel-arbitral-award-to-revive-the-airline-3399033/
Not Just Go First, Here's A List Of Airlines That Went Bankrupt In India: While SpiceJet and Easemytrip battle it out with Sharjah based Sky One to acquire ...
indiatimes.com/worth/news/from-go-first-to-kingfisher-list-of-airlines-bankrupt-india-627802.html
Akasa Air to commence international operations from March 28 with Mumbai to Doha flight – Details inside
financialexpress.com/business/airlines-aviation-akasa-air-to-commence-international-operations-from-march-28-with-mumbai-to-doha-flight-details-inside-3396621/
For every budget: True Wireless In-Ears at Lidl for half the price: Lidl is currently offering true wireless headphones from JLab and Skullcandy at an absolute ...
connect.de/news/lidl-angebot-in-ear-true-wireless-kopfhoerer-skullcandy-grind-jlab-go-air-preis-schnaeppchen-deal-3204942.html
#BSMorningShow | Go First is seeking extension of the insolvency process after three buyers expressed interest in the airline. #SpiceJet founder Ajay Singh is one among ... Show more #GoFirst www.youtube.com/watch?v=rtT6PL4luqs
SpiceJet goes on an expansion plan! Low-cost airline announces Rs 900 crore funding for fleet upgradation
financialexpress.com/business/airlines-aviation-spicejet-goes-on-an-expansion-plan-low-cost-airline-announces-rs-900-crore-funding-for-fleet-upgradation-3378827/
Akasa Air to investigate deboarding incident involving BJP’s Sadhvi Pragya at Delhi airport – Here’s what happened
financialexpress.com/business/airlines-aviation-akasa-air-to-investigate-deboarding-incident-involving-bjps-sadhvi-pragya-at-delhi-airport-heres-what-happened-3396730/
NCLT extends deadline for Go First's insolvency for another 60 days: The National Company Law Tribunal on Tuesday extended the deadline for another 60 days to ...
business-standard.com/companies/news/nclt-extends-deadline-for-go-first-s-insolvency-for-another-60-days-124021300752_1.html
SpiceJet's Ajay Singh Wants To Bite Off More Than He Can Chew. Can He Work It Out In The End? - Forbes India
forbesindia.com/article/take-one-big-story-of-the-day/spicejets-ajay-singh-wants-to-bite-off-more-than-he-can-chew-can-he-work-it-out-in-the-end/91315/1
SpiceJet goes on an expansion plan! Low-cost airline announces Rs 900 crore funding for fleet upgradation
financialexpress.com/business/airlines-aviation-spicejet-goes-on-an-expansion-plan-low-cost-airline-announces-rs-900-crore-funding-for-fleet-upgradation-3378827/
India airline Go First's lenders seek investor bids by Jan 31 -sources: Lenders to India's Go First have set Jan. 31 as the deadline for financial bids to ...
reuters.com/business/aerospace-defense/india-airline-go-firsts-lenders-seek-investor-bids-by-jan-31-sources-2024-01-14/
Expect high competitive intensity between IndiGo, Air India from 2024: CAPA India
indianexpress.com/article/business/economy/expect-high-competitive-intensity-between-indigo-air-india-from-2024-capa-india-9089090/
Pratt & Whitney engines caused damage of Rs 10,000 crore to Go First: Wadia: Nusli Wadia said that P&W engines started failing right from the earliest delivery ...
business-standard.com/companies/news/pratt-whitney-engines-caused-damage-of-rs-10-000-crore-to-go-first-wadia-123122800181_1.html
The 2024 flight chaos was no act of god: Indian airlines face few to no consequences for flight delays and passenger inconvenience. Update in regulation ...
indianexpress.com/article/opinion/columns/the-2024-flight-chaos-was-no-act-of-god-9123853/
SpiceJet zooms 29% in two days on plans to acquire bankrupt Go First: As per reports, SpiceJet is among the three entities that have shown late interest in ...
business-standard.com/markets/news/spicejet-zooms-29-in-two-days-on-plans-to-acquire-bankrupt-go-first-123121900165_1.html
SpiceJet interested in acquiring grounded Go First, plans to bid after due diligence
indianexpress.com/article/business/aviation/spicejet-interested-in-acquiring-grounded-go-first-9074317/
Go First CEO Kaushik Khona resigns amid airline's uncertain future: Go First CEO, Kaushik Khona, has resigned from the grounded airline after seven months since ...
hindustantimes.com/india-news/go-first-ceo-kaushik-khona-resigns-amid-bankruptcy-challenges-101701356086155.html
Go First postpones resumption of flights, faces bleak future after CEO departure
aerotime.aero/articles/go-first-postpones-resumption-of-flights-faces-bleak-future-after-ceo-departure
GoAir troubles mount as airline nears collapse
deccanherald.com/business/companies/goair-troubles-mount-as-airline-nears-collapse-2812302
NCLT extends insolvency process of grounded airline Go First by 90 days: The tribunal has also asked the resolution professional (RP) of the airline to submit a ...
business-standard.com/companies/news/nclt-extends-insolvency-process-of-grounded-airline-go-first-by-90-days-123112300949_1.html
Is grounded airline Go First even capable of doing test flight, asks lessor: The lessor also said that even physical inspection of the aircraft was not granted ...
business-standard.com/companies/news/is-grounded-airline-go-first-even-capable-of-doing-test-flight-asks-lessor-123120500977_1.html
Exclusive: India's Jindal Power will not bid to take over airline Go First
reuters.com/markets/deals/indias-jindal-power-will-not-bid-take-over-airline-go-first-sources-2023-11-21/
Morning Buzz: Bad loans of banks and NBFCs at near-decade low; Nusli Wadia blames P&W engines for Go First collapse, and more
forbesindia.com/article/news/morning-buzz-bad-loans-of-banks-and-nbfcs-at-neardecade-low-nusli-wadia-blames-pw-engines-for-go-first-collapse-and-more/90567/1
India's Go First lenders to vote on liquidation amid lack of suitors -sources: Go First's lenders will vote on a proposal to liquidate the insolvent Indian ...
reuters.com/business/aerospace-defense/indias-go-first-lenders-vote-liquidation-amid-lack-suitors-sources-2023-11-23/
#BSMorningShow | Engine troubles and financial crisis have pushed #GoFirst airline to a point-of-no-return. Foreign shores too are no less ominous for airlines ... Show more #airlines @capa_india @JitiBhargava t.co/6trJlmiWRS
India's Go First lenders to challenge move that could let lessors reclaim planes - sources
reuters.com/business/aerospace-defense/indias-go-first-lenders-challenge-move-that-could-let-lessors-reclaim-planes-2023-11-09/
India's Go First lenders to not release more funding to grounded airline - sources
reuters.com/business/aerospace-defense/indias-go-first-lenders-not-release-more-funding-grounded-airline-sources-2023-11-06/
IndiGo takes strategic measures to address Pratt & Whitney engine problems – Grounding, leasing and more
financialexpress.com/business/airlines-aviation-indigo-takes-strategic-measures-to-address-pratt-amp-whitney-engine-problems-grounding-leasing-and-more-3296808/
Go First lenders seek to recover up to 30%: Without aircraft, land bank only option
financialexpress.com/business/airlines-aviation-go-first-lenders-seek-to-recover-up-to-30-3300189/
Go First's aircraft, engines can be returned to lessors: DGCA tells HC: According to a report, Jindal Power, which had shown its interest in the airline ...
business-standard.com/companies/news/go-first-s-aircraft-engines-can-be-returned-to-lessors-dgca-tells-hc-123110300233_1.html
NCLT extends Go First's moratorium period, seeks action plan | Mint: The NCLT has extended Go First's moratorium period by 90 days and requires the airline to ...
livemint.com/companies/news/nclt-extends-go-firsts-moratorium-period-seeks-action-plan-11700721260651.html
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Don’t Say No To Six Pax? Pax, Not Six Packs: In airline terminology, they shorten the word passenger to pax, hence this title. And why six? Because of this ...
indiatimes.com/news/india/dont-say-no-to-six-pax-pax-not-six-packs-621277.html
Go First lenders pinning hopes on Jindal Power Ltd for revival: Banks may not approach Wadias for revival of airline.
indianexpress.com/article/business/aviation/go-first-lenders-pinning-hopes-on-jindal-steel-power-for-revival-9019503/
Indigo posts higher-than-expected profit on the back of strong travel demand : Indigo posts higher-than-expected profit on the back of strong travel demand,
deccanherald.com/business/companies/indigo-posts-higher-than-expected-profit-on-the-back-of-strong-travel-demand-2756159
Air India to add 400 flights for winter schedule: Air India to add 400 flights for winter schedule
deccanherald.com/business/companies/air-india-to-add-400-flights-for-winter-schedule-2756162
Central Bank of India classifies loans to troubled airline Go First as NPA: The public sector lender's exposure, including government-guaranteed emergency credit ...
business-standard.com/finance/news/central-bank-of-india-classifies-loans-to-troubled-airline-go-first-as-npa-123102200329_1.html
India's Go First airline gets expression of interest from Jindal Power - sources: Grounded Indian airline Go First has received an expression of interest (EoI) ...
reuters.com/world/india/indias-go-first-airline-gets-expression-interest-jindal-power-sources-2023-10-11/
IndiGo co-founder Rakesh Gangwal may buy stake in SpiceJet? Shares soar: SpiceJet stock : Currently, the promoter group in SpiceJet, which includes Ajay Singh ...
business-standard.com/companies/news/spicejet-s-shares-end-over-19-higher-amid-reports-of-stake-sale-123101301129_1.html
Engine lessor and SpiceJet arrive at $2 million interim settlement: Report: SpiceJet vs Engine lessor: The engine lessor has agreed not to pursue the stay ...
business-standard.com/companies/news/engine-lessor-and-spicejet-arrive-at-2-million-interim-settlement-report-123101600542_1.html
After Jindal, Jettwings submits expression of interest for Go First: On Wednesday, Naveen Jindal-led Jindal Power Limited (JPL) also submitted an EoI for Go ...
business-standard.com/companies/news/after-jindal-jettwings-submits-expression-of-interest-for-go-first-123101201071_1.html
India's Wadia Group stays away from Go First insolvency process - sources: Go First's former owner, the Wadia Group, has not shown an intent to bid for the ...
reuters.com/business/aerospace-defense/indias-wadia-group-stays-away-go-first-insolvency-process-sources-2023-10-12/
India changes insolvency rules to exclude freezing of leased aircraft: India has amended its insolvency law to exclude leased aircraft from assets that can be ...
reuters.com/business/aerospace-defense/india-changes-insolvency-rules-exclude-leased-aircraft-2023-10-04/
India's Go First says airline's revival could be derailed by lessors' demands: Grounded Indian airline Go First's revival could be derailed if a court agrees to ...
reuters.com/business/aerospace-defense/indias-go-first-says-airlines-revival-could-be-derailed-by-lessors-demands-2023-09-22/
Aviation leasing watchdog cuts India's compliance rating amid Go First tussle: A global aviation leasing watchdog has for the second time cut India's compliance ...
reuters.com/business/aerospace-defense/aviation-leasing-watchdog-cuts-indias-compliance-rating-amid-go-first-tussle-2023-09-25/
Dubai Aerospace flags corrosion in plane leased to India's bankrupt Go First: Dubai Aerospace Enterprise (DAE) Capital has told an Indian court it detected ...
reuters.com/business/aerospace-defense/dubai-aerospace-flags-corrosion-plane-leased-indias-bankrupt-go-first-2023-09-14/
Quick Glance: Corrosion and Deposits Found in Dubai Aerospace Leased Plane at Bankrupt Go First
- DAE Capital reports corrosion and deposits on Go First's leased plane.
- Foreign lessors in legal battle to reclaim their aircraft.
- DAE submits evidence for maintenance and asset value preservation.
- Additional lessors report algae formation on unprotected planes.
Delhi HC asks Go First RP to give lessors access to documents: Justice Ganju said the RP will continue to maintain the airline and that these directions have ...
indianexpress.com/article/business/aviation/delhi-hc-asks-go-first-rp-to-give-lessors-access-to-documents-8980612/
Go First lessors demand aircraft deregistration post bankruptcy code changes | Mint
livemint.com/companies/news/go-first-lessors-demand-aircraft-deregistration-post-bankruptcy-code-changes-11696504532616.html
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Jet Airways and Go Fist lose their airlines codes after being non-operational: Report
wionews.com/business-economy/jet-airways-and-go-fist-lose-their-airlines-codes-after-being-non-operational-report-632062
Go First return faces further delay amid bench change at NCLT | Mint: This administrative roadblock presents challenges for both the airline's future and the ...
livemint.com/companies/news/go-first-return-faces-further-delay-amid-bench-change-at-nclt-11696425041258.html
Paid articlePaid Go First lessor seeks replacement of parts "robbed" from grounded planes in India
reuters.com/business/aerospace-defense/go-first-lessor-seeks-replacement-parts-robbed-grounded-planes-india-2023-09-06/
Fan blades, engine parts go missing from Go First jets, lessor says: From fan blades to escape slides, critical parts are missing from at least two planes of ...
reuters.com/business/aerospace-defense/fan-blades-engine-parts-go-missing-go-first-jets-lessor-says-2023-08-26/
Government upholds aircraft lessors’ trust in aviation market post IBC exemption: On October 3, the Ministry of Corporate Affairs, through a notification ...
financialexpress.com/business/airlines-aviation-government-upholds-aircraft-lessors-trust-in-aviation-market-post-ibc-exemption-3265417/
India's antitrust body approves Vistara merger with Air India: India's antitrust body on Friday approved the merger of Tata group-owned Air India with sister ...
reuters.com/business/aerospace-defense/indias-antitrust-body-approves-vistara-merger-with-air-india-2023-09-01/
Indian airline SpiceJet tells court it is 'struggling to stay afloat': Indian budget airline SpiceJet told a court on Thursday it was "struggling to stay afloat" ...
reuters.com/business/aerospace-defense/indian-airline-spicejet-tells-court-it-is-struggling-stay-afloat-2023-08-24/
Go First extends flights cancellation till August 18: Go First has not flown since May 3, as the Wadia group airline filed for voluntary insolvency with the NCLT ...
indianexpress.com/article/business/aviation/go-first-extends-flights-cancellation-till-august-18-8894862/
Go First extends flight cancellation till August 31 from August 27: Go First added that the company has filed an application for immediate resolution and revival ...
business-standard.com/companies/news/go-first-extends-flight-cancellation-till-august-31-from-august-27-123082800298_1.html
Akasa Air in the middle of crisis: How bad could the pilot shortage be?: Akasa Air Crisis: With Indian aviation staring at a potential scramble for pilots ...
business-standard.com/companies/news/akasa-air-in-the-middle-of-crisis-so-how-bad-could-the-pilot-shortage-be-123092501360_1.html
Paid articlePaid For now grounded Go First cannot use two-letter designator code 'G8': Bankrupt Go First is now not eligible for the two-letter designator code 'G8' ...
business-standard.com/companies/news/for-now-grounded-go-first-cannot-use-two-letter-designator-code-g8-123090300725_1.html
Global aviation leasing body downgrades India in light of Go First case: Go First crisis: With AWG's downgrade, it is probable that lessors will increase the ...
business-standard.com/india-news/unable-to-repossess-planes-from-go-first-awg-further-downgrades-india-123092501223_1.html
Green deposits, corrosion on leased planes, Go First lessor tells Delhi HC: Go First: The Delhi High Court reserved its orders in three applications filed by ...
business-standard.com/companies/news/greenish-deposits-corrosion-on-leased-aircraft-go-first-lessor-to-hc-123092201085_1.html
Air India CEO meets India antitrust chief on pending Vistara merger: Air India Chief Executive Campbell Wilson has held talks with India's antitrust head on its ...
reuters.com/markets/deals/air-india-ceo-meets-india-antitrust-chief-pending-vistara-merger-sources-2023-08-04/
Quick Glance: Air India CEO meets India antitrust chief for pending Vistara merger
- Air India CEO Campbell Wilson has held talks with India's antitrust head regarding the upcoming merger with sister airline Vistara.
- The competition commission has raised concerns about the combined entity's market power on international and domestic routes.
- CEO Wilson and Tata Group's General Counsel Sidharth Sharma met with India's antitrust chief Ravneet Kaur to discuss the ongoing merger process.
- Air India has yet to respond to the competition commission's concerns.
Go First resolution professional seek NCLT permit for tickets refunds: Go First has approached the National Company Law Tribunal (NCLT) seeking permission to ...
business-standard.com/companies/news/go-first-resolution-professional-seek-nclt-permit-for-tickets-refunds-123073000392_1.html
Go First lessor moves NCLAT | Mint: The latest plea also requests NCLAT to allow the lessors access to their aircraft in a manner like what was allowed for ...
livemint.com/companies/news/go-first-lessor-moves-nclat-11693422018412.html
Paid articlePaid Go First to credit two months of salary in Sept: CEO Kaushik Khona: Go First has 2,198 employees on its payroll, of which 1,000 are serving their notice period ...
business-standard.com/companies/news/go-first-to-credit-two-months-of-salary-in-sept-ceo-kaushik-khona-123083101090_1.html
India's SpiceJet says top shareholder to inject $61 million in airline: Budget carrier SpiceJet said on Wednesday top shareholder Ajay Singh would infuse 5 ...
reuters.com/business/aerospace-defense/indias-spicejet-says-shareholder-ajay-singh-inject-61-mln-airline-2023-07-12/
Go First moves SC against HC order granting lessors' access to aircraft: Go First Crisis: lessors informed high court that future aircraft leasing would be ...
business-standard.com/companies/news/go-first-moves-sc-against-hc-order-granting-lessors-access-to-aircraft-123080300832_1.html
Go First gets conditional nod to resume flights | Mint: DGCA has allowed Go First to resume flight operations with 15 aircraft or 114 daily flights.
livemint.com/companies/go-first-gets-conditional-nod-to-resume-flights-11689966028742.html
Paid articlePaid Singapore court tells P&W to supply engines to GoFirst: The Mumbai-based, Wadia group airline, which filed for voluntary insolvency, blamed P&W for the same ...
indianexpress.com/article/business/aviation/singapore-court-tells-pw-to-supply-engines-to-gofirst-8800653/
Go First may have to sign new leases before relaunch | Mint: The airline has already begun preliminary discussions to bring lessors on board towards an August ...
livemint.com/companies/news/gofirstmayhave-to-sign-new-leases-before-relaunch-11689791543073.html
Paid articlePaid Akasa Air's whirlwind takeoff: How airline is gradually inching its way up: It's partly benefited from SpiceJet and GoAir's problems, but with a 20th aircraft to ...
business-standard.com/companies/news/akasa-air-s-whirlwind-takeoff-how-airline-is-gradually-inching-its-way-up-123072100554_1.html
Paid articlePaid India's Go First airline seeks investor interest as part of insolvency process: India's Go Airlines (India) Ltd has invited investor interest in the company ...
reuters.com/business/aerospace-defense/expression-interest-sought-indias-go-airlines-possible-sale-2023-07-10/
India regulator permits Go First to resume flying with conditions: India's aviation regulator on Friday gave its nod to Go Airlines (India) to resume operations ...
reuters.com/business/aerospace-defense/india-aviation-regulator-approves-go-firsts-resumption-plan-order-2023-07-21/
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