Bankrupt carrier Go First, formerly known as Go Air, is reportedly preparing to resume operations on May 27, three days later than it had initially planned to restart its services.
What Happened? The airline, which was granted bankruptcy protection by the National Company Law Tribunal (NCLT) on May 10, has instructed pilots to undertake a mandatory refresher training course as it looks to resume flights next week, Economic Times reported.
Sources told the daily that the low-cost airline has hammered out a business plan to restart with 20 aircraft but with a smaller operation. Go First is yet to submit its plan to the Directorate General of Civil Aviation (DGCA), which had asked the Wadia Group-backed airline to explain why it could not carry out services in a safe and reliable manner.
At the same time, there is still skepticism around whether Go First can use the aircraft in its possession since its lessors have terminated their contracts for the planes and are currently challenging the firm’s bankruptcy protection in court.
Go First had filed for voluntary insolvency proceedings earlier this month after half its fleet was grounded allegedly due to the non-supply of spare engines by aerospace manufacturer Pratt & Whitney.
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