Go Airlines asks NCLT to urgently pass order on insolvency plea

Go Airlines called on National Company Law Tribunal (NCLT) to urgently pass an order on its bankruptcy plea on Monday, citing efforts by lessors to repossess planes during ongoing legal proceedings.

The request comes less than a week after the cash-strapped Indian airline, widely known as Go First, filed for bankruptcy, blaming “faulty” Pratt & Whitney engines for the grounding of about half its Airbus A320neo fleet.

Lawyers representing Go First told the tribunal to urgently pass an order on its plea, saying lessors are trying to repossess the planes, which could further impair its operations.