Go First Airlines Insolvency | Go First Airlines Bankruptcy | Go Air | Goair News
Автор: Funds 2 Finance
Загружено: 2023-05-04
Просмотров: 349
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Go First Airlines Insolvency | Go First Airlines Bankruptcy | Go First Failed? | Go First Crisis
Funds 2 Finance
Go First Airlines, formerly known as GoAir, has filed for insolvency due to financial difficulties caused by the pandemic. The airline has a debt of over Rs. 8,000 crore ($1.1 billion USD). The insolvency proceedings are being handled by the National Company Law Tribunal. This marks another blow to the Indian aviation industry, which has been hit hard by the pandemic.
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