Home Finance Go First New Update: GoFirst cancels flights till July 6! Airlines submitted...

Go First New Update: GoFirst cancels flights till July 6! Airlines submitted revival plan to DGCA

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Go First New Update: GoFirst cancels flights till July 6! Airlines submitted revival plan to DGCA
Go First New Update: GoFirst cancels flights till July 6! Airlines submitted revival plan to DGCA

Go First Flights Cancellation: Domestic airlines facing financial crisis, Go First has canceled its flights for 6 July 2023. This is the 12th time since May 3 that GoFirst has canceled its flights. Earlier the airlines had canceled the flights till 30th June.

GoFirst said that we understand that your travel plans have been affected by the cancellation of flights. We are dedicated to helping you in whatever way we can. As you know, the company has applied for immediate commencement of operations and resolution. We hope to start booking soon.

Earlier on Wednesday, GoFirst has submitted the revival plan of the airlines to the aviation sector regulator DGCA. Resolution professionals have met DGCA officials and discussed the revival plan with them.

GoFirst has said that the resolution professionals have assured the DGCA that sufficient pilots and ground staff will be available to start operations. Regarding starting flights, GoFirst said in its plan that it proposes to start flights from most of the airports. 160 flights will be able to be filled per day in 70 routes.

GoFirst had canceled its flights from May 3, 2023 due to poor financial condition. GoFirst is one of the largest companies providing cheap air services in the domestic market. Airlines were going through a bad economic phase for a long time, after which the company canceled its flights on 3 May. Along with this, while approaching the National Company Law Tribunal (NCLT), he had applied for bankruptcy, which was accepted.

Earlier in the second week of June, it was reported that airlines can start operations with 157 flights daily by the end of June. But this could not happen. From May 3, when the airlines stopped operations, 164 flights were operating daily.

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