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Sunday, December 10, 2023
WorldAsiaGoFirst flights suspended for two days due to financial crisis

GoFirst flights suspended for two days due to financial crisis

New Delhi. Go First, the company providing cheap airline in the country, has stopped its booking for two days. GoFirst airline will temporarily suspend its flights on 03rd and 04th May due to financial crisis. Airline chief Kaushik Khona gave this information on Tuesday.

Kaushik Khona, head of Wadia Group-owned airline GoFirst, said that the company has temporarily suspended its flights on May 03 and 04. After that the flight operations will resume. The airline has also applied for voluntary insolvency resolution process in the Delhi bench of the National Company Law Tribunal.

Khona said the airline has also informed the government about these developments. Along with this, she is going to submit a detailed report in this regard to the Directorate General of Civil Aviation. The airline has had to ground more than half of its fleet of 28 aircraft due to non-supply of engines from Pratt & Whitney. Due to this, a financial crisis has arisen in front of the airline. Significantly, the number of employees of Go First is more than 5 thousand.

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