Go First Airlines has informed the Directorate General of Civil Aviation (DGCA) about its intention to resume operations with 152 daily flights. The airline, currently managed by Abhilash Lal, has been non-operational since May 3.
The civil aviation ministry has taken action after the temporary suspension of Go First flights resulted in a surge in airfares on routes previously serviced by the airline. Airlines have been instructed to self-monitor airfares and maintain reasonable pricing. The Directorate General of Civil Aviation will oversee the implementation of these measures to prevent excessive fares and ensure fair pricing for passengers.
Go First Airlines has announced the cancellation of its flights until May 30, citing operational reasons. Passengers affected by the cancellations will be issued full refunds. The airline is actively working on a revival plan amidst the challenges it faces.
Go First Airlines informs DGCA about the lack of a definite timeline for resuming operations. The suspended board files caveats against four aircraft lessors following an order by the NCLAT upholding insolvency proceedings. Efforts by lessors for deregistration and repossession continue.
Domestic airlines in India witnessed a significant surge in passenger numbers, with over 1.29 crore travelers in April 2023, reflecting a remarkable growth of more than 22% compared to the previous year. The DGCA's official data unveils valuable insights into on-time performance and market share trends among airlines.
Go First, the crisis-hit airline currently undergoing insolvency resolution, has announced an extension of its flight suspension until May 26. With ongoing legal proceedings and an uncertain future, the airline's passengers and stakeholders find themselves in a state of limbo. Efforts to resume operations by May 27 remain uncertain due to various operational challenges and the departure of several pilots.
DGCA of India has issued a second notice to low-cost carrier Go First for failing to continue flight operations in a reliable manner. The airline suspended flights on May 3, leading to the regulator’s decision to halt its booking and sale of tickets.
Go First Airlines has cancelled all its flights till May 9th due to operational reasons. The decision has left passengers in a lurch, but the airline has assured them of a full refund and assistance through its customer care.
The airline is facing severe financial issues after grounding more than half of its fleet due to recurring engine issues. The company has also filed for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi.
The Indian domestic air traffic has achieved an all-time high with 4,56,082 passengers in a single day, surpassing the pre-Covid average. Recovery from the pandemic has contributed to the growth of the civil aviation sector, which is setting new records every day.
