{"id":623257,"date":"2023-12-20T09:56:36","date_gmt":"2023-12-20T04:26:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=623257"},"modified":"2023-12-20T10:40:07","modified_gmt":"2023-12-20T05:10:07","slug":"go-first-acquisition-soon-spicejet-two-other-foreign-companies-in-race-to-bid-for-bankrupt-airline-what-we-know","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-first-acquisition-soon-spicejet-two-other-foreign-companies-in-race-to-bid-for-bankrupt-airline-what-we-know\/","title":{"rendered":"Go First acquisition soon! SpiceJet, two other foreign companies in race to bid for bankrupt airline \u2013 What we know"},"content":{"rendered":"<p>SpiceJet announced its interest in acquiring Go First and intends to submit an offer after conducting a thorough due diligence of the financially troubled carrier. Go First ceased operations on May 3 due to financial difficulties, primarily stemming from issues related to Pratt &amp; Whitney engines, and is currently undergoing an insolvency resolution process. <\/p>\n<p>In a regulatory filing, SpiceJet stated that it has communicated its interest to the resolution professional of Go First and plans to submit an offer post-diligence. The objective is to establish a robust and viable airline, potentially through a combination with SpiceJet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet announced its interest in acquiring Go First and intends to submit an offer after conducting a thorough due diligence of the financially troubled carrier. Go First ceased operations on May 3 due to financial difficulties, primarily stemming from issues related to Pratt &amp; Whitney engines, and is currently undergoing an insolvency resolution process. In a regulatory filing, SpiceJet stated that it has communicated its interest to the resolution professional of Go First and plans to submit an offer post-diligence. The objective is to establish a robust and viable airline, potentially through a combination with SpiceJet.<\/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":[196,130,138],"tags":[],"class_list":["post-623257","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623257","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=623257"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623257\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=623257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=623257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=623257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}