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Go First crisis: DGCA asks airline to submit revival plan within 30 days

by Lagatar News
25/05/2023
in Business & Corporates, National & International
A A

Lagatar24 Desk

 

New Delhi, May 25: Go First Airlines has been asked to submit a thorough reorganisation plan by the Directorate General of Civil Aviation (DGCA) on Wednesday in order to sustainably resume operations.

Go First requested permission to use the moratorium period to create a thorough restructuring plan for restarting operations and present it to the DGCA for the necessary regulatory approvals before restarting operations, according to their response to a show cause notice issued on May 8. A senior DGCA official informed.

In light of this, the DGCA advised the airline on Wednesday to submit a thorough restructuring/revival plan for a sustainable revival of operations within a 30-day window.

“The airline has been asked to furnish,inter-alia, the status of availability of operational aircraft fleet, post holders required, pilots and other personnel, maintenance arrangements, funding/working capital, arrangements with lessors and vendors etc. for the sustainable revival of operations,” the official said.

When Go First submits its revival plan, the DGCA will review it to determine the next course of action, the official added.

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