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Expression of Interest sought in India's Go Airlines possible sale A resolution professional appointed to oversee the insolvency process for Go Airlines (India) Ltd has invited Expression of Interest for the sale of the carrier as part of the process, a newspaper advertisement showed on Monday. The last date for receipt of interest for the airline is set for Aug. 9, according to a advertisement. The airline did not immediately respond to a Reuters request for comment.
Expression of Interest sought in India's Go Airlines possible sale
Expression of Interest sought in India's Go Airlines possible sale
Source: Reuters
10/07/2023 9:43:32 AM
Indian court allows Go First lessors to access aircraft for inspection An Indian court on Wednesday allowed leasing companies to access aircraft leased to Go First for inspection and maintenance, though they were still unable to repossess them while the airline's operations remain stalled. Lessors of Go First, which was granted bankruptcy protection on May 10, have made several attempts to reclaim planes for missed payments, filing over 50 requests with the watchdog to allow repossession. The lessors argue the airline has no rights over planes as the l...
Indian court allows Go First lessors to access aircraft for inspection
Indian court allows Go First lessors to access aircraft for inspection
Source: Reuters
5/07/2023 4:31:45 PM
Go Airlines got premium refund for grounded aircrafts With 50 per cent of its fleet grounded due to the problems with Pratt & Whitney engines, the Wadia group's low cost Go Airlines (India) got a portion of its aircraft hull insurance premium from its insurers, said a top official. The airlines' total fleet size is 54 aircraft, out of which 27 have been grounded for more than a year, Kaushik Khona, Chief Executive Officer, Go Airlines, told IANS. "Last year, we got a refund of the premium paid for covering the aircraft hul...
Go Airlines got premium refund for grounded aircrafts
Go Airlines got premium refund for grounded aircrafts
Source: IANS
8/05/2023 5:36:23 PM
Go First owner has no plans to exit airline: CEO Go Airlines (India) Ltd owner Wadia Group is completely committed to the airline and had no plans to exit it, the airline's chief executive told Reuters in an interview on Wednesday. His comments came a day after the cash-strapped Indian airline filed for bankruptcy, blaming "faulty" Pratt & Whitney (P&W) engines for the grounding of about half its fleet. The insolvency proceedings were aimed at reviving the airline and not selling it, CEO Kaushik Khona said, confi...
Go First owner has no plans to exit airline: CEO
Go First owner has no plans to exit airline: CEO
Source: Reuters
3/05/2023 5:23:21 PM
Indigo tops with 55.7% market share, Vistara 2nd, AI 3rd in November Indigo flew ahead of other airlines during November with 55.7 per cent share of the domestic aviation sector, while Vistara secured the second slot with market share of 9.3 per cent. As per the data for November of aviation regulator DGCA released on Monday, Indigo carried 65.01 lakh air passengers during the month while Vistara carried 10.87 lakh. Air India was at third position with 10.63 lakh passengers and 9.1 per cent market share. Similarly, Go Air, with 8.70 lakh passengers, had ...
Indigo tops with 55.7% market share, Vistara 2nd, AI 3rd in November
Indigo tops with 55.7% market share, Vistara 2nd, AI 3rd in November
Source: IANS
20/12/2022 9:53:34 AM
Indigo tops with 57.7% market share in Sep, Vistara, Air India second and third Indigo flew ahead of other airlines during the month of September with 57.7 per cent share in the domestic aviation sector, Vistara secured second slot with a market share of 9.6 per cent. As per the aviation regulator's data for September, Indigo carried 59.72 lakh air passengers during the month while Vistara carried 9.96 lakh air passengers. Air India was at third position with 9.49 lakh passengers and 9.2 per cent market share. Similarly, Go Air, with 8.15 lakh air passengers, h...
Indigo tops with 57.7% market share in Sep, Vistara, Air India second and third
Indigo tops with 57.7% market share in Sep, Vistara, Air India second and third
Source: IANS
20/10/2022 11:31:14 AM
Go First to operate between Kochi to Abu Dhabi Go First, formerly GoAir, is all set to commence tri-weekly flights from Kochi to Abu Dhabi starting from June 28, airline officials said. The flights will operate every Tuesday, Friday and Sunday. The inaugural flight will depart from Cochin International Airport at 20:05 hours (local time) and will arrive at Abu Dhabi International Airport at 22:40 hours (local time). On the return, the Aflight G8 064 will depart from Abu Dhabi at 23:40 hrs (local time) and arrive at Kochi at 05:10...
Go First to operate between Kochi to Abu Dhabi
Go First to operate between Kochi to Abu Dhabi
Source: IANS
24/06/2022 2:20:18 PM
Go First offers 20% discount on domestic flights to double-vaccinated passengers Private airline Go First, formerly known as GoAir, has introduced a 20 per cent discount scheme on domestic flights for passengers who have received both doses of Covid vaccine. With this scheme, the airline aims to encourage more passengers to get fully vaccinated in the fight against Covid-19. The discount scheme is applicable for travel beyond 15 days from the date of booking. According to Kaushik Khona, Chief Executive Officer, Go First: "The past two years have been extremely ...
Go First offers 20% discount on domestic flights to double-vaccinated passengers
Go First offers 20% discount on domestic flights to double-vaccinated passengers
Source: IANS
23/12/2021 9:37:10 AM
Go First to add 32 domestic flights Go First, formerly known as GoAir, will introduce 32 new flights to expand its domestic network. The airline will add Amritsar, Surat, Dehradun and Aizawl to its domestic network, and these airports will be connected by direct flights to and from Delhi, Mumbai, Srinagar, Bengaluru, Kolkata and Guwahati, thus enhancing regional connectivity. The airline said that the addition of new stations will further reinfornce its robust network capacity and enhanced connectivity between metros and ...
Go First to add 32 domestic flights
Go First to add 32 domestic flights
Source: IANS
12/11/2021 11:23:50 AM
Go First completes 16 yrs of service, starts discount scheme Airline major Go First, formerly known as GoAir, has started a 16 per cent discount offer on airfare for passengers of both domestic and international flights to mark the completion of its 16 years of operations. The bookings under the offer can be made between November 2-9, for travel between November 24, and March 31, 2022. Founded in 2005, the airline has grown from four aircraft to 58 and from four destinations to 38. Recently, it became the first airline in India to transform to...
Go First completes 16 yrs of service, starts discount scheme
Go First completes 16 yrs of service, starts discount scheme
Source: IANS
6/11/2021 9:30:22 AM
Go First to commence direct flights to Doha Ultra-low cost carrier Go First, formerly known as GoAir, on Wednesday announced the commencement of direct flights between three India cities --Mumbai, Kochi, and Kannur -- and Doha from August 5. The flights, operated under the'Air Bubble' agreement will make Doha its first destination in Qatar and the sixth in GCC (Gulf Cooperation Council) countries. "'Go First' will operate direct flights four times a week between Mumbai and Doha while passengers can avail flig...
Go First to commence direct flights to Doha
Go First to commence direct flights to Doha
Source: IANS
5/08/2021 10:22:46 AM
Go First operates first night flight from Jammu to Delhi Budget airline Go First, formerly known as GoAir, has operated the first ever night flight from Jammu to Delhi. Accordingly, the flight 'G8 196' - took off at 8.00 p.m. on Friday and was operated on Airbus A320neo. "Going forward, Go First will operate scheduled flight from Jammu to Delhi and Srinagar." "This heralds the beginning of a new era for the union territory that has long advocated the introduction of night flights for better connectivity with the rest...
Go First operates first night flight from Jammu to Delhi
Go First operates first night flight from Jammu to Delhi
Source: IANS
24/07/2021 5:06:56 PM
Go First vaccinates 60% of employees Airline company Go First, formerly known as GoAir, on Thursday said it has administered vaccines to 2,506 employees across the country, or around 60 per cent, under its vaccination programme, rolled out last month. The airline is aiming to vaccinate all its employees by the end of June, subject to rules and regulations as well as the availability of vaccine. So far, 2,473 employees have been given the first dose, whereas 33 have taken their second jab. "We initiated the vaccinat...
Go First vaccinates 60% of employees
Go First vaccinates 60% of employees
Source: IANS
11/06/2021 9:27:05 AM
Go First transports 63 oxygen concentrators to Delhi  Low-cost carrier Go First, formerly known as GoAir, has ferried 63 oxygen concentrators to Delhi from Mumbai to be distributed across the state. According to the airline, these concentrators have been provided by IPL franchise 'Punjab Kings', which has tied up with 'Round Table India' for distributing oxygen concentrators to patients with mild to moderate symptoms. "These concentrators are given free of charge to the patients and after use, they are properly s...
Go First transports 63 oxygen concentrators to Delhi
Go First transports 63 oxygen concentrators to Delhi
Source: IANS
4/06/2021 8:44:00 AM
GO Airlines files DRHP of Rs.3,600cr IPO by Mr. Yash Gupta, Angel Broking Ltd Below are Quote on GO Airlines files DRHP of Rs.3,600cr IPO by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd    Companies have been planning for the IPO since a very long time but delayed due to the Global Covid 19 pandemic hitting the airline industry adversely, finally the company has filled its prospectus with SEBI for the IPO of ₹3,600 crores. Indigo airline is also raising ₹3,000 through a QIP (Qualified Institutional...
GO Airlines files DRHP of Rs.3,600cr IPO by Mr. Yash Gupta, Angel Broking Ltd
GO Airlines files DRHP of Rs.3,600cr IPO by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
14/05/2021 1:07:10 PM
GoAir files DRHP for Rs 3,600 cr IPO Budget carrier GoAir has filed a 'Draft Red Herring Prospectus' (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to Rs 3,600 crore. Accordingly, GoAir proposed an Initial Public Offer (IPO) of equity shares through the 100 per cent book building process in accordance with SEBI regulations. "The company will offer fresh equity shares aggregating up to Rs 3,600 crore ICICI Securities Limited, Citigroup Global Markets India Private Limited and Morgan S...
GoAir files DRHP for Rs 3,600 cr IPO
GoAir files DRHP for Rs 3,600 cr IPO
Source: IANS
14/05/2021 11:40:26 AM
Rebranded: GoAir becomes ultra-low cost airline Go First Budget carrier GoAir has rebranded itself into ultra-low cost airline Go First. Accordingly, the airline said that at the heart of this revamp is the full embrace of the ultra-low-cost airline model. The airline cited factors such as single aircraft type across its fleet has positioned it to operate the ultra-low-cost model. "To communicate this change, Go First also dons a rebranded identity. With this change, Go First is poised for its next phase of growth as an ultra low cost...
Rebranded: GoAir becomes ultra-low cost airline Go First
Rebranded: GoAir becomes ultra-low cost airline Go First
Source: IANS
14/05/2021 9:19:54 AM
Ben Baldanza appointed as GoAir's Vice Chairman In an exercise to usher in the next phase of growth, budget carrier GoAir has appointed Ben Baldanza as the Vice Chairman of the company's board. Jeh Wadia has stepped down from his position of Managing Director while continuing as a promoter of the company. "With the goal of taking GoAir to its next phase of growth, the promoters of the company and its Board came together to formulate a long-term plan," the company said in a statement. "Amongst other initiatives, ...
Ben Baldanza appointed as GoAir's Vice Chairman
Ben Baldanza appointed as GoAir's Vice Chairman
Source: IANS
23/03/2021 9:00:19 AM
GoAir to commence 'Summer Sale' from March 22 Budget airline GoAir on Sunday announced its 'Summer Sale' with booking period starting from March 22-26. The travel period for the offer commences from March 22 - June 30 and comes with special features. According to the airline, these features have been crafted after analysis of customers' needs. "The first and foremost feature is 5 kg extra baggage allowance without any extra cost. It has been noticed that customers are facing the quintessential challenge of optim...
GoAir to commence 'Summer Sale' from March 22
GoAir to commence 'Summer Sale' from March 22
Source: IANS
21/03/2021 4:52:00 PM
GoAir makes history with 1st Srinagar night flight Low cost carrier GoAir operated the first night flight from Srinagar to New Delhi, thus becoming the first airline in the history of Indian aviation to achieve this feat. The GoAir flight G8 7007 took off at 7.35 p.m. on Friday. It was an Airbus A320neo aircraft. Going forward, GoAir will operate daily scheduled flight from Srinagar that will depart at 8.30 p.m. GoAir was also the first airline to operate morning flights to-and-from Srinagar. Commenting on the achievement, Kaushik Kh...
GoAir makes history with 1st Srinagar night flight
GoAir makes history with 1st Srinagar night flight
Source: IANS
20/03/2021 3:06:33 PM
GoAir announces direct flight from Hyderabad to Male GoAir on Thursday announced the launch of direct flight connecting Hyderabad with Male. Starting February 8, GoAir will operate a direct service four times a week - Monday, Tuesday, Thursday and Sunday - between Hyderabad and the Maldivian capital. With the lifting of travel restrictions, GoAir has resumed its operations, connecting Male to India - Mumbai, New Delhi, and Bengaluru with daily direct services. "This new route will be serviced by the airline's next-generation A...
GoAir announces direct flight from Hyderabad to Male
GoAir announces direct flight from Hyderabad to Male
Source: IANS
5/02/2021 9:46:40 AM
GoAir commences `Freedom Sale`, offers 1 mn seats for booking To make air travel more affordable, GoAir on Friday announced a sale for passengers planning their domestic travel this year. As part of its "Freedom Sale", the airline has made available "one million seats" to book on its domestic network. "Starting at an all-inclusive lowest fare of INR 859, the eight-day freedom sale is effective from January 22 to January 29, 2021, and will be valid on one-way fares for travel from April 1 until December 31, 2021 on airline&...
GoAir commences `Freedom Sale`, offers 1 mn seats for booking
GoAir commences `Freedom Sale`, offers 1 mn seats for booking
Source: IANS
23/01/2021 10:10:28 AM