Creditors say yes to fresh bids for Go First

Creditors to bankrupt Go First Airlines have unanimously voted to allow fresh proposals from prospective resolution applicants (RAs) to take over the defunct airline, more than a month after receiving no submissions in a process that ended in November.

Five entities have expressed interest in the airline. Three – Sharjah-based aviation company Sky One, Africa-focussed Safrik Investments and budget airline SpiceJet – had submitted expressions of interest (EoIs) last month.