{"id":574077,"date":"2023-05-03T11:13:02","date_gmt":"2023-05-03T05:43:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=574077"},"modified":"2023-05-03T11:13:02","modified_gmt":"2023-05-03T05:43:02","slug":"go-first-files-for-insolvency-proceedings-suspends-flights-dgca-issues-show-cause-notice","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-first-files-for-insolvency-proceedings-suspends-flights-dgca-issues-show-cause-notice\/","title":{"rendered":"Go First files for insolvency proceedings, suspends flights; DGCA issues show cause notice"},"content":{"rendered":"<p>Wadia group-owned Go First on Tuesday said it has filed for insolvency resolution and can no longer continue to meet financial obligations, blaming US company Pratt &amp; Whitney&#8217;s &#8220;faulty engines&#8221; for grounding of 50% of its fleet. The airline has filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), said CEO Kaushik Khona.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wadia group-owned Go First on Tuesday said it has filed for insolvency resolution and can no longer continue to meet financial obligations, blaming US company Pratt &amp; Whitney&#8217;s &#8220;faulty engines&#8221; for grounding of 50% of its fleet. The airline has filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), said CEO Kaushik Khona.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-574077","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=574077"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574077\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=574077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=574077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=574077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}