Why Gofirst Bankruptcy is a GENIUS business strategy? | Business Case Study ​⁠

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VIDEO INTRODUCTION:

Go Airlines (India) Ltd was granted bankruptcy protection on Wednesday, bolstering the country's fourth-largest carrier's chances of getting back on its feet, but lessors have started mounting legal challenges to repossess planes.

The low-cost carrier recently rebranded as Go First, was plunged into a financial crisis this year, sparked by what it called "faulty" Pratt & Whitney engines that grounded about half its 54 Airbus A320neos.

Hence, if you're looking to understand the entire story behind go first bankruptcy, what happened to go first, why go first flights are getting cancelled and why did Go First go bankrupt, you're at the right video!

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✅Study Materials:

Bankruptcy laws
https://www.thehindu.com/news/nationa...

https://www.managementstudyguide.com/...


How the airline business works
https://getmoneyrich.com/why-airline-...

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#goair #goairbankruptcy #businesscasestudy #airlines #indianairlinesnews
#thinkschool #businesscasestudy #geopolitics Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.