The Troubles Of India’s Aviation Industry Context: On May 8, the airline was ordered by the Directorate General of Civil Aviation (DGCA) to immediately stop selling tickets. For failing to “continue the operation of the service in a safe, efficient, and reliable manner,” the DGCA […]
Go First Lands In NCLT With ₹11,463-cr. Dues Context: On Wednesday, Go First filed an insolvency petition with the National Company Law Tribunal (NCLT). According to the airline’s insolvency filing, it owes creditors Rs 11,463 crore. National Company Law Tribunal The National Company Law Tribunal […]