Go First plans to resume flights from May-end, need to raise funds says IRP

Air India and IndiGo are holding separate discussions with Go First’s lessors along with airport operators for landing and parking slots in New Delhi and Mumbai, sources claim. According to the Directorate General of Civil Aviation filings, Go First’s lessors are seeking to repossess 36 aircraft. However, this clamour for Go First’s assets might complicate its attempt to restructure debt and restart operations. Sources close to Go First have claimed that the airline plans to resume operations from May 24. and that airline has worked on a business plan to restart with 23 aircraft with limited operations. The airline has