{"id":576331,"date":"2023-05-12T10:47:35","date_gmt":"2023-05-12T05:17:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=576331"},"modified":"2023-05-12T12:05:04","modified_gmt":"2023-05-12T06:35:04","slug":"go-first-has-very-tight-schedule-needs-to-raise-funds-interim-resolution-professional-tells-staff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-first-has-very-tight-schedule-needs-to-raise-funds-interim-resolution-professional-tells-staff\/","title":{"rendered":"Go First has &#8216;very tight schedule&#8217;; needs to raise funds: Interim Resolution Professional tells staff"},"content":{"rendered":"<p>Go First has a very tight schedule and has to raise funds to get the business running, the cash-strapped airline&#8217;s Interim Resolution Professional Abhilash Lal told staff on Thursday. A day after being appointed as the IRP following admission of the Go First&#8217;s voluntary insolvency resolution petition by the NCLT, Lal addressed the carrier&#8217;s staff during a virtual town hall, according to sources in the know.<\/p>\n<p>The budget airline stopped flying from May 3 and filed the insolvency petition due to fund crunch caused by the grounding of many planes in the wake of non-availability of Pratt &amp; Whitney engines.<\/p>\n<p>&#8220;We are working on a tight schedule&#8230; we have to get the business running&#8230; we have to raise funds to do that,&#8221; Lal told the employees. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Go First has a very tight schedule and has to raise funds to get the business running, the cash-strapped airline&#8217;s Interim Resolution Professional Abhilash Lal told staff on Thursday. A day after being appointed as the IRP following admission of the Go First&#8217;s voluntary insolvency resolution petition by the NCLT, Lal addressed the carrier&#8217;s staff during a virtual town hall, according to sources in the know. The budget airline stopped flying from May 3 and filed the insolvency petition due to fund crunch caused by the grounding of many planes in the wake of non-availability of Pratt &amp; Whitney engines. [&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":[192,130,136],"tags":[],"class_list":["post-576331","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\/576331","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=576331"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/576331\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=576331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=576331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=576331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}