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New Delhi:Troubled airline GoFirst has decided to cancel its services till June 12, 2023. They are facing operational difficulties and are unable to continue their flights. In a statement, the company said it apologizes for the flight cancellation and regrets any inconvenience caused.
The company said that they have given an application to resume operations. He further added, “We understand that your travel plans may have been disrupted due to flight cancellations. And we will do whatever we can to help you for this.” However, the complete plan to start the airline has been sent to the DGCA. GoFirst plans to restart its service with 22 aircraft for 5 months. No date has been fixed for when GoFirst’s airline will start after June 12. But according to the report, if they are approved by DGCA, then the airline will be started.Since the beginning of May, the operations of GoFirst aircraft have come to a standstill due to the inability to return the money to the creditors. In the first week of May, GoFirst has filed a petition in NCLT for insolvency resolution process. In which it has been told that GoFirst owes about Rs 11,400 crore, out of which Rs 6,520 crore is due to financial creditors.
Submitted operational report to DGCA and waiting for flight permission:
On June 6,Go First told the DGCA that it needed Rs 200 crore to resume flight services and had sought funds under the government’s Emergency Credit Line Guarantee Scheme (ECLGS) along with Rs 400 crore for undrawn funds. He has access to credit. At the same time, he is in talks with the lenders to get this amount. Therefore, he should be allowed to start the flight service.
