Go First Crisis: Union Civil Aviation Minister Jyotiraditya Scindia whereas talking on the Go First insolvency matter mentioned that the airline has to submit their plan to DGCA in regards to the quantity of planes and routes following which the aviation watchdog will determine on how to take it ahead.
“It’s certainly something that is not a great thing for civil aviation. However, each company has to manage its own issues. As far as the Ministry is concerned, we are quite steadfast in our resolve in terms of helping airlines with whatever fundamental issues there are…,” Jyotiraditya Scindia mentioned.
“We have very clearly said that we would want a resumption of flights as soon as possible. They have to submit their plan to DGCA which will cover the number of planes, the number of routes. Basis that plan, DGCA will then decide how to take it forward,” mentioned Jyotiraditya Scindia.
On Wednesday, the crisis-hit Go First prolonged the suspension of flight operations until May 26, citing operational causes and expressed hope that it is going to be ready to resume bookings shortly.
Go First, which is present process insolvency decision proceedings, stopped flying from May 3.
Further, aviation regulator DGCA had directed the cash-strapped airline to cease bookings until additional orders. In an replace on its web site, the funds service, mentioned that due to operational causes, “flights until 26th May 2023 are cancelled”.
“A full refund will be issued to the original mode of payment shortly… as you are aware, the company has filed an application for immediate resolution and revival of operations. We will be able to resume bookings shortly,” it added.
The National Company Law Tribunal (NCLT) admitted the airline’s voluntary plea insolvency decision proceedings on May 10. Abhilash Lal has been appointed because the Interim Resolution Professional (IRP) to handle the affairs of the service.
Some lessors have additionally moved the National Company Law Appellate Tribunal (NCLAT) in opposition to the NCLT’s resolution.
Meanwhile, a declare administration portal ‘gofirstclaims.in/claims’ has been launched for the Corporate Insolvency Resolution Process (CIRP) of Go First.
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