On May 8, the crisis-hit airline Go First was directed by the Directorate General of Civil Aviation (DGCA) to immediately halt selling tickets pending further instructions.
Additionally, the budget airline has received a show cause notice from the watchdog for failing to continue operating the service in a safe, effective, and reliable way, according to a source cited by PTI. This warning was given in accordance with the relevant provisions of the 1937 Aircraft Rules.
A decision about the continuation of the airline’s Air Operators Certificate (AOC) would be made based on the airline’s response, which must be provided within 15 days of receiving the show cause notice, the source continued.
The airline earlier today asked the National Company Law Tribunal (NCLT) to rule quickly on its voluntary insolvency resolution claim since lessors had begun deregistering the carrier’s planes, according to the company.
The tribunal had put off its decision on the petition filed by the budget carrier as of May 4 following a hearing.
Up to 28 aircraft, or more than half of the airline’s fleet, are grounded as a result of Pratt & Whitney’s (P&W) lack of engine supply.
The airline has requested voluntary insolvency resolution procedures as well as an interim moratorium on its financial commitments due to liabilities totaling 11,463 crore and a financial crisis.
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