{"id":574819,"date":"2023-05-06T09:47:48","date_gmt":"2023-05-06T04:17:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=574819"},"modified":"2023-05-06T11:06:32","modified_gmt":"2023-05-06T05:36:32","slug":"go-first-locks-horns-with-lessors-in-a-bid-to-begin-bankruptcy-hearings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-first-locks-horns-with-lessors-in-a-bid-to-begin-bankruptcy-hearings\/","title":{"rendered":"Go First locks horns with lessors in a bid to begin bankruptcy hearings"},"content":{"rendered":"<p>NEW DELHI (Reuters) &#8211; Indian airline Go First&#8217;s effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they asked the aviation regulator to deregister some of its planes as a step towards taking them back.<\/p>\n<p>India&#8217;s first major airline collapse since 2019 underlines the fierce competition in a sector dominated by IndiGo and the recent merger of Air India and Vistara under the Tata conglomerate.<\/p>\n<p>Some lessors opposed Go Airlines (India) Ltd&#8217;s plea at the first hearing of the National Company Law Tribunal (NCLT) on Thursday, after the airline had blamed &#8220;faulty&#8221; Pratt &amp; Whitney engines this week for the grounding of about half of its fleet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI (Reuters) &#8211; Indian airline Go First&#8217;s effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they asked the aviation regulator to deregister some of its planes as a step towards taking them back. India&#8217;s first major airline collapse since 2019 underlines the fierce competition in a sector dominated by IndiGo and the recent merger of Air India and Vistara under the Tata conglomerate. Some lessors opposed Go Airlines (India) Ltd&#8217;s plea at the first hearing of the National Company Law Tribunal (NCLT) on Thursday, after the airline had blamed &#8220;faulty&#8221; Pratt &amp; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-574819","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574819","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=574819"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574819\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=574819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=574819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=574819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}