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Home Business Jettwings Airways Submits Expression Of Interest For Bankrupt Go First

Jettwings Airways Submits Expression Of Interest For Bankrupt Go First


Go First’s whole income from operations stood at Rs 4,183 crore in monetary 12 months 2021-22.

New Delhi:

Jettwings Airways in the present day stated it has submitted an Expression of Curiosity for the grounded Go First, which is present process an insolvency decision course of.

The service, which has its base in Guwahati, just lately acquired a No Objection Certificates (NOC) from the civil aviation ministry to function as a scheduled commuter airline.

Jettwings Airways, backed by premier entrepreneurs of Assam –Sanjive Narain and Anupam Sarma — has submitted an Expression of Curiosity (EoI) for Go First, it stated in a press release.

Additional, the airline stated it has strong plans to attach main locations throughout the nation with its base in Guwahati.

Dealing with a number of headwinds, together with engine issues and funding woes, Go First stopped flying from Could 3 and went for voluntary insolvency decision proceedings.

Go First’s whole income from operations stood at Rs 4,183 crore in monetary 12 months 2021-22.
 

(Apart from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)


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