With the Delhi High Court allowing lessors to take back 54 planes leased to bankrupt Go First, joint bidder Busy Bee Airways’ Nishant Pitti on Friday said he will consider any necessary adjustments to its proposed offer for the airline after reviewing the court order.
Busy Bee Airways, along with SpiceJet chief Ajay Singh, has put in a bid for Go First under the insolvency resolution process. Travel portal EaseMyTrip’s co-founder and CEO Nishant Pitti is a majority shareholder in Busy Bee Airways.
On Friday, the court directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by several lessors for deregistration of their 54 planes so that they could take them back from the crisis-hit Go First airline.
