The bidding course of comes amid GoFirst’s latest challenges, together with difficulties with Pratt & Whitney engines that led to the airline’s voluntary insolvency utility to the Nationwide Firm Regulation Tribunal in Could 2023. With a 60-day extension granted by the Nationwide Firm Regulation Tribunal for GoFirst’s moratorium, potential traders have a window of alternative to submit proposals for the GoFirst’s revival.
GoFirst revival: Bidders race to revive grounded airline, SpiceJet & SkyOne lead the cost
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