Go First submits re-launch plan, hopes to restart operations in two weeks: Reports
No-frills carrier Go First has submitted its re-launch plan to the Directorate General of Civil Aviation (DGCA), CNBC-TV18 reported on Friday.
As per the report, the troubled airline will begins operations a week after the DGCA and committee of creditors (CoC) approves the business plan.
Go first will start its operations with 26 aircraft, operating over 150 daily flights, the report said. It will begin operations in metro cities first. The relaunch plan is likely to be funded by the lenders.
The aviation regulator is expected to take a call on the airline’s re-launch plan by next week, the report further said.
