Last May, it all started with flight suspension for just three days and “an unfortunate decision” of voluntary insolvency resolution option taken to protect the airline’s interests.
A year down the lane, the now plane-less Go First’s fate remains uncertain and come June, there are revival expectations, though muted, when the extended deadline for the resolution process ends.
There are concerns that the airline might even be pushed into liquidation, experts opined.
“It is extremely painful to see that even after one year, the airline has not been able to revive the operations,” the budget carrier’s former chief Kaushik Khona said.
Since May 3, 2023, Go First has not taken to the skies, with its blue and white livery A320 planes gathering dust at airports, most staff leaving and many staring at uncertain times, and a resolution process still remaining on the tarmac. Hopes of a quick revival further faded, as the carrier’s 54 planes have been deregistered after protracted legal battles and lessors will be taking away the aircraft.
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