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Indian aviation industry

29 Nov 2023

Air Traffic In India To Jump By 15% In 2023-24, Despite Go First’s Departure

India's air traffic set to surge 15% to 155 million passengers in 2023-24, defying Go First's grounding, per CAPA India.

23 Nov 2023

Grounded Go First Airline Receives 90-Day Extension From NCLT For Resolution

Go First Airlines remains inactive, receiving a 90-day moratorium extension from NCLT for insolvency resolution. Failure may lead to liquidation by Feb 4, 2024.

13 Oct 2023

Delhi High Court Permits Go First Lessors To Deploy Security Around Aircraft

The Delhi High Court passed an interim order on multiple applications by several lessors seeking maintenance of their aircraft in crisis-hit Go First's possession.

04 Sep 2023

IATA Blocks Go First From Using 'G8' Code, Jet Airways' '9W' Cancelled As Well

IATA said the two-letter designator and numeric codes will remain blocked for 12 months, during which Go First can ask for the reinstatement of the designator if the requirements are met.

01 Sep 2023

Go First Lessor Receives NCLAT Permission To Inspect Leased Aircraft

Disagreeing with a portion of the NCLT's ruling that restricted the lessor from inspecting the engines, the NCLAT had issued its own directive to schedule an inspection within 10 days.

28 Aug 2023

Go First Flights To Remain Grounded Until August 31 Citing Operational Reasons

Citing operational reasons as the cause for further cancellations of flights until August 31, Go First Airlines has announced to remains grounded once again.

27 Aug 2023

Critical Parts Of Go First Aircraft Parked At Delhi Airport Go Missing

The update comes when Go First and many foreign lessors are locked in a legal battle; so far the lessors have been unsuccessful in trying to recover their aircraft.

04 Aug 2023

Go First Insolvency: NCLT Seeks Report On Most Recent Developments

A two-member bench of NCLT directed the resolution professional (RP) to file an additional affidavit in the next 10 days, including the status of the maintenance of the leased Go First aircraft.

03 Aug 2023

Go First Airlines Cancels Flights Till August 6 Citing 'Operational Reasons'

Go First has also issued a statement, which it has posted along with the tweet, saying that the company has filed an application for immediate resolution and revival of operations and is optimistic about resuming bookings shortly.

01 Aug 2023

G20 Summit: Govt Plans To Shift Grounded Planes From Delhi To Nearby Airports

Approximately 70-80 aircraft belonging to GoFirst, SpiceJet, Jet Airways, and other private jets are currently parked at Delhi airport due to various reasons.

28 Jul 2023

India Has 16 Active Airlines Now, 7 Carriers Closed Down In 5 Years: Govt

Jet Airways, which was issued an Air Operator Certificate (AOC) on February 13, 2022, stopped flying on April 17, 2019, due to a financial crunch.

25 Jul 2023

Go First Crisis: Lessors Request DGCA To De-Register 54 Aircraft Of Airline

In a written reply in the Rajya Sabha, General (Retd.) V.K. Singh, said that Go First has submitted its resumption plan to DGCA for operating 150 flights daily with 26 aircraft.

05 Jul 2023

Go First Insolvency: High Court Allows Lessors To Access, Maintain Aircraft

The high court said that the aircraft owned by the lessors highly valuable and sophisticated equipment and require maintenance for their preservation.

05 Jul 2023

Go First: Aviation Watchdog DGCA Starts Special Audit Of Airline's Facilities

Go First Airline, which stopped flying from May 3, has further extended the cancellation of its flights July 10, 2023.

29 Jun 2023

Go First Submits Revival Plan, DGCA To Conduct Audit Before Restarting Ops

As per a report on PTI, lenders have committed an interim funding of around Rs 450 crore to Go First, considering a day's operations are expected to cost around Rs 10 crore.

29 Jun 2023

Go First Aircraft Grounding Exceeds 2 Months, Cancels Flights Till June 6

Go First Airline, owned by the Wadia family, filed voluntary insolvency resolution proceedings and blamed engine maker Pratt & Whitney for not supplying adequate engines to the airline.

25 Jun 2023

Go First Extends Flight Cancellation Till June 28, Nears 2 Months Of Grounding

Go First Airline filed for bankruptcy at the National Company Law Tribunal (NCLT) and suspended its flight operations on May 3, 2023 due to rising losses.

22 Jun 2023

Go First Flights Cancelled Till June 25, Grounded For Almost Two Months Now

Go First Airline filed for bankruptcy at the National Company Law Tribunal (NCLT) and suspended its flight operations on May 3, 2023 due to rising losses.

19 Jun 2023

Go First Unable To Fly Again, Cancels All Flights Till June 22

Citing operational reasons as a hindrance in flying, Go First has cancelled all of its flight till June 22, after the air carrier earlier cancelled all of its flight till June 19.

16 Jun 2023

Go First Flight Cancellation Extended Till June 19, Refunds Initiated

On June 13, Go First announced that its scheduled flight operations will remain cancelled until June 16; however, the cancellation has now been extended till June 19.

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