Go First’s RP Shailendra Ajmera seeks Rs 425 crore in interim finance to restart airline

Go First’s resolution professional Shailendra Ajmera has sought Rs 425 crore in interim finance from the airlines financiers to get a revival plan going that could help restart operations, according to multiple sources.

The requirement for financing could expand based on certain contingencies such as the availability of working engines for the aircraft and ticket cancellations, the sources said.