Go First Fiasco: To recover Rs 900 crore, travel agents approach the government

Despite a financial issue, Go First may resume flights on May 24, 2023. As per sources, the financial plan carrier has fostered an arrangement under which it might continue tasks with few planes. This occasion follows Go First Aircraft's choice to drop all trips until May 19, 2023, while it anticipated the Public Organization Regulation Court's (NCLT) choice.

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As of May 2, the airline had 27 aircraft in operation. It has 51 and 37 departure slots at the major airports in Delhi and Mumbai, respectively. Additionally, Go First is said to have discussed resume plans with the government. It might have a gathering soon to examine this and afterward look for the public authority to restart client reservations.

The NCLT's May 10 order states that Go First's insolvency proceedings were accepted. In addition, it gave the airlines instructions not to fire any employees. As part of the NCLT Delhi judgment, Go First received protection from lessors and lenders' attempts to recover funds.

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