Till July 6…
On Thursday, Go First extended the cancellation of its scheduled flights till July 6.
The airline is undergoing an insolvency resolution process, stopped flying on May 3 and since then, it has extended the cancellation of flights a number of times.
On Wednesday, senior representatives of the management of Go First discussed various aspects of the revival plan with officials of the Directorate General of Civil Aviation (DGCA).
"Due to operational reasons, flights scheduled till 6th July 2023 have been cancelled," the budget carrier said via tweet.
The company has filed an application for immediate resolution and revival of operations.
"We will resume our bookings shortly," the airline said.
Sources on Wednesday said DGCA will examine documents submitted by Go First related to the revival plan and will also conduct an audit on operational preparedness before allowing the carrier to restart operations.
The revival process gathered pace after the formation of the airline's Committee of Creditors, comprising BOB, Central Bank of India, IDBI Bank, and Deutsche Bank, on June 10.
Lenders have committed interim funding of around Rs. 450 crores, considering a day's operations are expected to cost around Rs. 10 crores, sources had said.
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