Akasa Air: The Boy Who Cried Wolf
The newest player in India's high drama-prone aviation sector experiences its most forgettable week in a little over a year of take-off.
go first
September 2023
July 2023
May 2023
Aviation leasing body cuts India's rating amid Go First dispute
This is the second time that AWG has cut India's rating and kept the country on a watch list with a negative outlook.
DGCA allows Go First to resume flights with riders
DGCA says Go First must subject “every aircraft to a satisfactory handling flight prior to deployment for flight operations"
Go First lessors' plea to de-register planes on hold: DGCA
DGCA has not rejected lessors' de-registration requests
Go First has 'no rights' over engines: Pratt & Whitney tells Delaware Court
Go First said that Pratt & Whitney's failure to provide engines led to the grounding of close to 50% of its A320 neo fleet and cost the airline ₹10,800 crore in revenues and additional expenses.
DGCA to conduct Go First’s audit; asked to submit revival plan
Go First to submit operational details such as functioning aircraft, employees info, and funding arrangements
No definite timeline on resumption of flights: Go First to DGCA
The airline has currently suspended flight operations till May 26.
Go First lessors face setback as NCLAT upholds insolvency proceedings
Lessors have sought de-registration of 44 aircraft operated by Go First.
Go First lessor SMBC challenges NCLT order; seeks stay on moratorium
Lessor's plea to be heard by NCLAT bench today; to seek stay on insolvency proceedings that restrict lessors from taking back aircraft until moratorium is on
Indian aviation: Is more trouble in store after Go First bankruptcy?
One player going bust makes bankers, lessors, vendors and all other stakeholders wary as the Indian aviation space is getting a reputation for frequent airline failures.
