The Directorate General of Civil Aviation (DGCA) has deregistered all 54 aircraft leased to the now-bankrupt airline Go First, according to officials. This move comes in the wake of an order issued by the Delhi High Court on April 26.
Go First filed for bankruptcy in May 2023. Since then, the lessors of these aircraft have been locked in a fierce battle with the former owner of the airline, lenders, and the resolution professional to take control of their aircraft.
The Delhi High Court, on April 26, directed the DGCA to deregister planes leased to Go First within five working days, providing much-needed relief to the lessors.
