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The Dgca Allows Go First To Resume Operations Under Certain Conditions
Go First has been conditionally allowed to resume operations by the civil aviation regulator DGCA.
The Directorate General of Civil Aviation (DGCA) in a release Friday said Go First may resume scheduled flight operations on availability of interim funding and approval of flight schedules by the regulator.
Further, DGCA has directed the airline to ensure compliance with all the “applicable regulatory requirements, ensure continued airworthiness of the aircraft engaged in operations and subject every aircraft to a satisfactory handling flight prior to deployment for flight operations.”
DGCA said the sale of tickets could only be commenced after the approval of the flight schedule by the regulator.
On May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker, Pratt & Whitney, for its inability to promptly meet obligations -- leading to the grounding of a portion of its fleet.
On May 10, the National Company Law Tribunal (NCLT) imposed a moratorium and appointed an interim resolution professional (IRP). Then on June 9, the Committee of Creditors (CoC) appointed Shailendra Ajmera as Resolution Professional (RP) for Go First, which was approved by NCLT later on.
“The RP presented the resumption plan to DGCA on 28.06.2023 following which a special audit of Go First facilities was conducted in Mumbai and Delhi from 4th to 6th July, 2023. The audit focused on safety-related aspects and continued compliance with the requirements by an operator to hold an Air Operator Certificate as well as on the physical verification of the arrangements made for the resumption of flight operations,” DGCA said.
DGCA has also ensured that the findings of the special audit have been “adequately addressed” by Go First.
The regulator has allowed operating 15 aircraft/ 114 daily flights. “The acceptance is subject to the outcome of the writ petitions/applications pending before the Hon'ble High Court of Delhi & Hon'ble NCLT, Delhi.”
The airline has approximately 4,200 employees, and it reported total revenue from operations at Rs 4,183 crore in the financial year 2021-22.
Reports suggested that the grounding of the Go First flights had put pressure on airfares, particularly on select routes.
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