The civil aviation watchdog – Directorate General of Civil Aviation (DGCA) – has accepted cash-strapped airline Go First’s resumption plan, but subject to certain conditions.
In a letter addressed to Go First’s resolution professional (RP) Shailendra Ajmera, the aviation regulator said that it has accepted the proposed resumption plan dated June 28, subject to the outcome of writ petitions by aircraft lessors, pending before the Delhi High Court and the National Company Law Tribunal (NCLT).
Go First may resume scheduled flight operations on the availability of interim funding and approval of flights scheduled by DGCA, the letter said.
