Go First will need to sign fresh leases, scale down operations prior to relaunch

Go First will have to scale down its proposed resumption of routes or hire more pilots to resume operations as per the recent audit report by the Directorate General of Civil Aviation (DGCA). Accordingly Go First is planning to scale down its resumption plans by around 30% than earlier. Going ahead, the airline will also need to sign fresh lease for 30-35 aircraft as lessors have already terminated the previous ones following its insolvency filing, according to Mint. “While the airline is making active efforts to relaunch flight operations, it will need to re-enter into fresh lease agreements or get