The Directorate General of Civil Aviation (DGCA) asked Go First to submit its “a comprehensive restructuring/revival plan for a sustainable revival of operations” within 30 days. The airline has been asked to furnish the status of availability of operational aircraft fleet, post holders required, pilots and other personnel, maintenance arrangements, funding/working capital, arrangements with lessors and vendors for sustainable revival of operations. stopped flying on May 3 and is undergoing voluntary insolvency resolution proceedings. In response to show cause notice issued on May 8, the airline has requested that they may be allowed to use the moratorium period to prepare a comprehensive restructuring plan for restarting operations and present the same to DGCA for the requisite regulatory approvals before restarting operations.
