Tag Archives: Go First

Go First, which filed for bankruptcy in May last year, faced another major setback after EaseMyTrip founder and CEO Nishant Pitti announced the withdrawal of his bid for the defunct airline. The airline, once the fifth largest in India based on scheduled departures, has had its entire fleet of 54 aircraft grounded since May 3 last year. Earlier this month, the Directorate General of Civil Aviation (DGCA) de-registered all of Go First's aircraft, further complicating its revival prospects.

SpiceJet, led by its promoter Ajay Singh, has submitted a joint bid with Busy Bee Airways Pvt Ltd to acquire the troubled carrier Go First, formerly known as GoAir. This strategic move, if successful, holds the potential to reshape the Indian aviation sector significantly. The bid, filed by Mr. Singh in his personal capacity, marks a significant development in the ongoing efforts to revive Go First and enhance collaboration within the aviation industry.

Go First extends flight cancellations until July 30, citing operational reasons. The airline's grounding since May has prompted efforts to secure funding and regulatory approval to resume operations amid challenges faced by the aviation industry.