Passengers close to a ticketing workplace of Go First airways at Birsa Munda Airport in Ranchi. The airline has filed for chapter. File
| Photograph Credit score: PTI
The Directorate Normal of Civil Aviation (DGCA) on Could eight ordered the crisis-hit airline Go First to cease promoting air tickets with quick impact till additional directions.
The aviation regulator additionally issued present trigger discover to the airways for his or her failure to proceed operations in a protected, environment friendly and dependable method.
Earlier right this moment, the airline requested the Nationwide Firm Legislation Tribunal (NCLT) to take an early choice on its voluntary insolvency decision plea, saying lessors have began deregistering the provider’s plane.
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On Could 4, after a listening to, the tribunal had reserved its order on the finances provider’s petition.
As many as 28 planes or greater than half of the airline’s fleet are grounded because of the non-supply of engines by Pratt & Whitney (P&W).
With liabilities price ₹11,463 crore and a monetary crunch, the airline has sought voluntary insolvency decision proceedings in addition to an interim moratorium on its monetary obligations.
(With PTI inputs)