Go bankruptcy first: Rival Air India, IndiGo increase frequency of flights

According to a report in Economic Times, Tata-backed Air India has added flights on Delhi-Srinagar and Delhi-Leh routes.

Indigo has also started flights connecting the two cities from Mumbai. While Vistara has increased flights on the Delhi-Mumbai route.

go first The flight cancellation period has been extended till May 23, citing operational reasons. Earlier the cancellation was till May 12.

“We regret to inform that due to operational reasons, go first Flights scheduled till May 23 have been cancelled. We apologize for the inconvenience caused by the flight cancellation,” read a message shared by the airline.

on 2 may Wadia Group-backed GoFirst filed for voluntary insolvency resolution proceedings and sought an interim stay on financial obligations.

The beleaguered airline blamed US engine maker Pratt & Whitney for engine supply delays that led to the grounding of half of its 54 Airbus A320neos. Pratt, part of Raytheon Technologies, says the claim is without merit. Go First blamed problems with Pratt’s geared turbofan (GTF) engines for the crisis. Pratt has argued that Go First failed because of “its own poor management and events such as Covid”.

Both sides are fighting legal battles in India, Singapore and Delaware. Last week, the Indian tribunal granted bankruptcy protection to GoFirst which will give it time to get back on its feet.

Go First mainly had a high frequency in holiday destinations such as Goa, Leh and Srinagar. ET has said this by quoting cerium data go air This summer, 199 flights were to be operated from Delhi to Srinagar, 182 flights on Delhi-Leh route and 156 flights from Mumbai to Goa. However, due to the financial crisis, Go Air flights have been inactive for more than 20 days.

GoFirst is owned by the Wadia Group of India. The Mumbai-based group was founded in 1736 by Loji Nusserwanji Wadia. Go First owes financial creditors 65.21 billion.