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insolvency

Go First Airlines Prepares to Resume Operations, Plans 152 Daily Flights

Go First Airlines, currently under insolvency resolution, has informed the Directorate General of Civil Aviation (DGCA) that it is ready to operate 152 daily...

SpiceJet Insolvency: NCLT Postpones Aircastle’s Plea Hearing to June 1

The National Company Law Tribunal (NCLT) has deferred the hearing of Aircastle's plea against SpiceJet's insolvency to June 1, extending the timeline for the...

Travel Agents Seek Government Intervention as Go First Insolvency Leaves Rs 900 Crore Stuck

Several travel agents have sought government assistance as they claim that approximately Rs 900 crore is stuck due to the insolvency of Go First,...

NCLT sends notice to SpiceJet on lessor’s insolvency plea, seeks reply

The National Company Law Tribunal (NCLT) has issued a notice to SpiceJet on the insolvency petition filed by its lessor, Wilmington Trust SP Services...

Go First is in a tailspin, files for insolvency, and blames P&W engines.

Go First, an airline owned by the Wadia Group filed for insolvency on Tuesday due to a cash crunch caused by the grounding of...

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