{"id":1245489,"date":"2023-05-12T09:03:41","date_gmt":"2023-05-12T03:33:41","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1245489"},"modified":"2023-05-12T09:04:10","modified_gmt":"2023-05-12T03:34:10","slug":"go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/","title":{"rendered":"Go First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes"},"content":{"rendered":"\n

Budget airline Go First is set to resume flights on May 24 according to internal sources.<\/p>\n\n\n\n

\"Go<\/figure>\n\n\n\n

Plans<\/strong><\/p>\n\n\n\n

It has developed a business plan to resume operations with 23 aircraft, although on a smaller scale than earlier.<\/p>\n\n\n\n

The airline has 27 aircraft which were operating till 2 May. <\/p>\n\n\n\n

It has 51 and 37 departure slots at the main airports of Delhi and Mumbai. <\/p>\n\n\n\n

There is a plan <\/a>to resume operation as early as possible but it will be with a truncated schedule,\u201d said a person aware of the development.<\/p>\n\n\n\n

The airline has access to 51 departure slots at Delhi\u2019s main airport and 37 at Mumbai\u2019s main airport, but its initial schedule will be reduced.<\/p>\n\n\n\n

Cooperating with Govt.<\/strong><\/p>\n\n\n\n

It has been in talks with the Indian government about its plans to resume flights and will seek permission to resume bookings following a meeting on May 11.<\/p>\n\n\n\n

It has also prepared a resumption plan to submit to the Directorate General of Civil Aviation (DGCA) that outlines the number of aircraft it will operate and the destinations it will serve.<\/p>\n\n\n\n

Go First recently filed for insolvency and the National Company Law Tribunal accepted the company\u2019s application for a voluntary insolvency resolution process on May 10.<\/p>\n\n\n\n

The current management which will now be superseded <\/a>by a court appointed resolution professional of consultancy firm Alvarez & Marsal will hold a meeting tomorrow following which it will approach the government to resume bookings.<\/p>\n\n\n\n

Show-cause notice<\/strong><\/p>\n\n\n\n

The DGCA has criticized the airline for its failure to deliver efficient and dependable services.<\/p>\n\n\n\n

It had directed the airline to immediately stop ticket sales and issued a show-cause notice for its failure to provide efficient and reliable services.<\/p>\n\n\n\n

\u201cAfter the meeting with resolution professionals the airline will submit a resumption plan to DGCA which will include the total number of aircraft and the destinations it intends to operate,\u201d sources said.<\/p>\n\n\n\n

Despite this, the court order prohibits lessors from pursuing pending dues or terminating aircraft lease agreements and airports from canceling the airline\u2019s slots. <\/p>\n\n\n\n

The deregistration requests filed by lessors for 46 aircraft have also been declared invalid.<\/p>\n\n\n\n

CEO\u2019s statement<\/strong><\/p>\n\n\n\n

Go First\u2019s CEO, Kaushik Khona, has described the court\u2019s decision as a \u201chistoric and landmark judgment\u201d, and said that the airline is looking to resume flights as soon as possible.<\/p>\n\n\n\n

It is also a perfect example “in the context <\/a>of revival of a viable business before it becomes unviable,” airline\u2019s CEO Kaushik Khona said, adding that they are looking to resume as soon as possible.<\/p>\n\n\n\n

Airfares at all time high<\/strong><\/p>\n\n\n\n

According to aviation analytics firm Cirium, Go First previously operated a significant number of flights to popular leisure destinations such as Srinagar, Leh, and Goa. <\/p>\n\n\n\n

However, following the suspension of flights by Go First during the summer travel season, airfares to these destinations have experienced a substantial <\/a>increase.<\/p>\n\n\n\n

The airline could take longer to issue ticket refunds to customers in the wake of its deepening financial crisis.<\/p>\n\n\n\n

Refunds<\/strong><\/p>\n\n\n\n

While Go First said it would issue refunds to customers who had already booked tickets, a report suggests that the airline may take at least a couple of weeks before it could start the process.<\/p>\n\n\n\n

Go First would have to make refunds to the tune of Rs 450 crore to Rs 500 crore.<\/p>\n\n\n\n

On top of that, Go First has a total liability <\/a>of over Rs 11,000.<\/p>\n\n\n\n

It is expected to request the National Company Law Tribunal (NCLT) and Directorate General of Civil Aviation (DGCA) for extended time for issuing refunds as it plans to raise necessary funds.<\/p>\n\n\n\n

Go First\u2019s promoters may look to raise around Rs 200 crore for the refunds as well as to pay all its employees.<\/p>\n","protected":false},"excerpt":{"rendered":"

Budget airline Go First is set to resume flights on May 24 according to internal sources. Plans It has developed a business plan to resume operations with 23 aircraft, although on a smaller scale than earlier. The airline has 27 aircraft which were operating till 2 May.  It has 51 and 37 departure slots at […]<\/p>\n","protected":false},"author":24,"featured_media":1245504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[514],"class_list":["post-1245489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-go-first"],"acf":[],"yoast_head":"\nGo First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Go First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"Budget airline Go First is set to resume flights on May 24 according to internal sources. Plans It has developed a business plan to resume operations with 23 aircraft, although on a smaller scale than earlier. The airline has 27 aircraft which were operating till 2 May.  It has 51 and 37 departure slots at […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-12T03:33:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-12T03:34:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Shreya Bose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shreya Bose\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/\",\"url\":\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/\",\"name\":\"Go First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes - Trak.in - Indian Business of Tech, Mobile & Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png\",\"datePublished\":\"2023-05-12T03:33:41+00:00\",\"dateModified\":\"2023-05-12T03:34:10+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/9817221c96a9aadc34f34cc7b8767dc6\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png\",\"width\":1000,\"height\":465},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Go First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile & Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/9817221c96a9aadc34f34cc7b8767dc6\",\"name\":\"Shreya Bose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1404d637610526a87c014a8eac9883a6c61491f1e6553d1946b0dd0b135713be?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1404d637610526a87c014a8eac9883a6c61491f1e6553d1946b0dd0b135713be?s=96&d=mm&r=g\",\"caption\":\"Shreya Bose\"},\"url\":\"https:\/\/trak.in\/stories\/author\/shreya-bose\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Go First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes - Trak.in - Indian Business of Tech, Mobile & Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/","og_locale":"en_US","og_type":"article","og_title":"Go First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes - Trak.in - Indian Business of Tech, Mobile & Startups","og_description":"Budget airline Go First is set to resume flights on May 24 according to internal sources. Plans It has developed a business plan to resume operations with 23 aircraft, although on a smaller scale than earlier. The airline has 27 aircraft which were operating till 2 May.  It has 51 and 37 departure slots at […]","og_url":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile & Startups","article_published_time":"2023-05-12T03:33:41+00:00","article_modified_time":"2023-05-12T03:34:10+00:00","og_image":[{"width":1000,"height":465,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png","type":"image\/png"}],"author":"Shreya Bose","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Shreya Bose","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/","url":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/","name":"Go First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes - Trak.in - Indian Business of Tech, Mobile & Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png","datePublished":"2023-05-12T03:33:41+00:00","dateModified":"2023-05-12T03:34:10+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/9817221c96a9aadc34f34cc7b8767dc6"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png","width":1000,"height":465},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/go-first-will-resume-flights-from-this-date-with-fewer-aircrafts-selected-routes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"Go First Will Resume Flights From This Date With Fewer Aircrafts, Selected Routes"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile & Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/9817221c96a9aadc34f34cc7b8767dc6","name":"Shreya Bose","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1404d637610526a87c014a8eac9883a6c61491f1e6553d1946b0dd0b135713be?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1404d637610526a87c014a8eac9883a6c61491f1e6553d1946b0dd0b135713be?s=96&d=mm&r=g","caption":"Shreya Bose"},"url":"https:\/\/trak.in\/stories\/author\/shreya-bose\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/Untitled-design-4-2-2.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1245489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1245489"}],"version-history":[{"count":1,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1245489\/revisions"}],"predecessor-version":[{"id":1245513,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1245489\/revisions\/1245513"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1245504"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1245489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1245489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1245489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}