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Go First Crisis: Troubled airline GoFirst has now canceled its flights till June 4. GoFirst first stopped its flights on 3 May. After the latest announcement, the flights of the airline providing economical services will be stalled for a month. The airline had announced on May 2 that it was canceling its flights for three days till May 5. This step has been taken amid uncertainty about the future of the airline.
The airline gave information by tweeting
The airline tweeted on Tuesday that we regret to inform that the scheduled flights of GoFirst have been canceled till June 4, 2023. The airline has said that the full amount of their ticket will be refunded to the passengers. The airline has said that it will resume booking soon.
GoFirst is in discussion with DGCA
On Monday, Go First, which is facing financial crisis, held a meeting with DGCA and discussed about the revival plan of the airlines. On Monday, Go First officials have met DGCA officials for the revival of the company. In this meeting the plan to revive the company was discussed.
Aviation regulator Directorate General of Civil Aviation has given 30 days time to GoFirst, which is facing financial crisis. In the meantime, the company will have to do complete planning from its revival plan to the operation of flights. The company is constantly making efforts to operate and restart its flights, but now the flight operations of the company will remain canceled till June 4.
What is the financial crisis of GoFirst
GoFirst had stopped operating its flights from May 3, 2023, citing cash crunch. The company blamed the bad engine of Pratt & Whitney, the American company that provided the engine, for the plight of the company. Go First Crisis, a company providing cheap air services in the country, applied to the National Company Law Tribunal (NCLT) for bankruptcy. Since then, NCLT and aviation regulator Directorate General of Civil Aviation (DGCA) have been making continuous efforts for the revival of the airlines.
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