{"id":576313,"date":"2023-05-12T10:38:16","date_gmt":"2023-05-12T05:08:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=576313"},"modified":"2023-05-12T11:59:36","modified_gmt":"2023-05-12T06:29:36","slug":"go-first-will-need-to-raise-funds-resolution-professional-tells-staff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-first-will-need-to-raise-funds-resolution-professional-tells-staff\/","title":{"rendered":"Go First will need to raise funds, resolution professional tells staff"},"content":{"rendered":"<p>Go Airlines (India) will need to raise funds to revive the bankrupt company amid plans to keep it as a going concern, the recently appointed resolution professional informed staff on Thursday, a source with direct knowledge of the matter told Reuters.<\/p>\n<p>The low-cost carrier, recently rebranded as Go First, was granted bankruptcy protection by a tribunal in New Delhi after it plunged into financial crisis due to what it called &#8220;faulty&#8221; Pratt &amp; Whitney engines that grounded about half its 54 Airbus A320neos.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Go Airlines (India) will need to raise funds to revive the bankrupt company amid plans to keep it as a going concern, the recently appointed resolution professional informed staff on Thursday, a source with direct knowledge of the matter told Reuters. The low-cost carrier, recently rebranded as Go First, was granted bankruptcy protection by a tribunal in New Delhi after it plunged into financial crisis due to what it called &#8220;faulty&#8221; Pratt &amp; Whitney engines that grounded about half its 54 Airbus A320neos.<\/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":[192,130,136],"tags":[],"class_list":["post-576313","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\/576313","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=576313"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/576313\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=576313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=576313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=576313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}