New Delhi, May 10: Go First CEO Kaushik Khona met DGCA officials right after the National Company Law Tribunal (NCLT) in its judgement on Wednesday admitted the plea of Go First Airlines for insolvency proceedings.
The CEO also met the civil aviation secretary for any future course of action. The budget airline last Thursday had filed a petition with the National Company Law Tribunal (NCLT), seeking protection under bankruptcy law. It had also sought an interim moratorium to prevent the seizure of its 26 aircraft by aircraft lessors.
In addition, the airline sought direction to appoint an insolvency resolution process (IRP) for the betterment of Go First.