Go First cancels all flights until 30 November, cites operational reasons

All the flights of Go First have been canceled until 20 November due to operational reasons, said the private aviator on 19 October.

In the press release, the aviator said, “We regret to inform you that due to operational reasons, Go First flights scheduled till 30th November 2023 have been canceled. We apologize for the inconvenience caused by the flight cancellations.”

Adding more, it said, “We acknowledge the flight cancellations might have disrupted your travel plans and we are committed to providing all the assistance we can”

It also noted, “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, We thank you for your patience.”

Meanwhile, reports arrived on Thursday that the Central Government may issue clarification on whether lessors of Go First airline can repossess their aircraft and engines, following recent modifications to the Insolvency and Bankruptcy Code (IBC) by the Ministry of Corporate Affairs, the counsel for the Indian government told the Delhi high court.

ALSO READ: Go First case: Govt may clarify on amendments in IBC on leased aircraft

The recent IBC changes, dated 3 October, state that Section 14(1) – imposing a moratorium on insolvency proceedings – does not cover deals related to aircraft, engines, airframes, or helicopters.

This alteration has enabled Go First’s lessors to advocate for the repossession of their assets in tribunals and courts. However, there might be delays due to changes within the National Company Law Tribunal (NCLT) bench overseeing the issue.

Earlier this year, the high court had allowed lessors to inspect the grounded aircraft, a decision later upheld by the Supreme Court.

In May, Go First filed for insolvency due to financial challenges stemming from Pratt and Whitney engine issues. On 10 May, the NCLT approved its plea leading to the suspension of the airline’s board.

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Updated: 19 Oct 2023, 07:11 PM IST