SpiceJet’s Ajay Singh along with Busy Bee Airways bid for bankrupt Go First

New Delhi: SpiceJet chief Ajay Singh along with Busy Bee Airways have put in a bid for bankrupt Go First as the budget carrier looks to strengthen its operations with more slots and international flying rights of Go First.

The announcement also comes at a time when the crisis-hit SpiceJet is raising funds and rationalising costs, including by laying off more than 1,000 staff.

In a release on Friday, SpiceJet said the bid for Go First has been submitted by Singh in his personal capacity along with Busy Bee Airways Pvt Ltd.

Separately, Sharjah-based Sky One FZE said it has also submitted a bid for Go First.