Many passengers complained of being uninformed about cancellations by Go First, resulting in exorbitant fares for alternative flights. Cash-strapped Go First cancels all flights until Tuesday, suspends ticket sales until May 15, following regulator’s refund order for affected passengers.
Formerly known as GoAir, Go First declares insolvency, abruptly suspends operations, leaving stranded and frustrated passengers at airports.
DGCA issues notice to Go First, after flight sales suspension, asks airline to refund or reschedule affected passengers.
DGCA orders Go First to process refunds for affected passengers as per the timelines outlined in relevant regulations, in addition to notice.
Go First blames Pratt & Whitney’s faulty engines and competition from IndiGo and Air India for its collapse.
Go First cites unforeseen operational issues for flight cancellations, offers affected passengers refund or rebooking options, says statement.
Despite Go First’s offer of refunds and rebooking, passengers complained of not being informed and incurring high costs.
Passenger Priyanka Agrawal canceled meetings and return flight due to Go First’s sudden cancellation of operations.
Priyanka Agrawal told ANI that Go First has no support system, causing her to cancel her meetings in Patna. She also mentioned that due to the cancellation, IndiGo flight fares to Patna went up to around ₹ 19,000, leaving her to wonder who will compensate her for the additional cost.
Passenger Harender Singh says Go First provided unclear information, while some travelers had to cancel their vacation due to cancellations.
On Wednesday, the counters of Go First at some airports, including Chennai and Mumbai, appeared to be deserted as no passengers had lined up. However, officials from the airline claimed to have informed all passengers who had booked their tickets about the cancellations.(Go First cancels flights.)
Go First issued a statement.
IndiGo, Indian budget airline, cancels all flights till May 9, 2023 due to operational reasons; regrets inconvenience, offers full refunds. (Go First cancels flights.)
Passengers have complained that Go First is not providing full refunds as promised, coinciding with the airline’s recent statement.
Reports suggest Go First’s operations could be suspended until May 15, following the airline’s bankruptcy filing and initial cancellation announcement.
According to news agency ANI on Thursday, the DGCA instructed Go First to refund passengers affected by its recent flight cancellations.
Go First suspended ticket sales until May 15, refunding or rescheduling existing bookings following DGCA’s direction.
DGCA ordered Go First to refund or reschedule flights, suspended sales until May 15 after canceling flights on May 3.
The aviation regulator DGCA has also expressed its commitment to minimizing passenger inconvenience caused by Go First’s sudden decision to suspend scheduled operations without any prior notice.
Go First Airlines faces bankruptcy due to grounded planes, inconvenience caused.
(Go First cancels flights.)
It’s unfortunate to hear about the situation that Go First Airlines is currently facing. The suspension of flight operations and the filing for bankruptcy can cause inconvenience to passengers and employees alike. Pratt and Whitney’s non-supply of engines is a significant challenge for Go First, resulting in the grounding of planes.
It’s important to note that the insolvency resolution proceedings, if approved, will allow for the restructuring of the airline’s debts and may offer a way for the airline to recover. However, the process can take time, and it’s uncertain how it will impact the airline’s future operations.
It’s advisable to follow up with the airline for updates and information about refunds or alternative travel arrangements if the flight cancellations affected you.
It’s also essential to review your travel insurance policy to understand the coverage and options available in such situations.(Go First cancels flights)
Aircraft lessors are opposing Go First’s insolvency proceedings and have asked the regulator to deregister some of the airline’s planes. Go First’s financial troubles due to intense competition in India’s aviation sector, led by IndiGo and Tata-Air India merger, and grounding of fleet.
Some aircraft lessors oppose Go Airlines (India) Ltd’s plea at NCLT. The financially-strained airline seeks a temporary moratorium to protect its assets, but aircraft lessors are challenging the move.
The insolvency proceedings, if approved, could allow the airline to restructure its debts and potentially recover from its financial difficulties. However, the opposition from the lessors adds a new challenge to the process and could impact the airline’s future operations.
The aviation industry’s volatility is evident due to its susceptibility to economic conditions, regulatory changes, and operational issues.
Wadia Group owns Go First airline.
Wadia Group, the parent company of Go First, plans to negotiate a settlement with creditors and reduce the amount owed.
During a hearing before the National Company Law Tribunal (NCLT), aircraft lessors strongly opposed Go First’s request for voluntary insolvency resolution proceedings and a moratorium on financial obligations. The NCLT, which reserved its order, heard arguments for and against the petition for almost four hours. Go First’s legal team argued that the plea was not malicious and aimed at saving the company from severe financial difficulties, while some aircraft lessors opposed it.
Pilots from Go First participated in walk-in interviews with Air India amid financial crisis, cancelations, and license concerns.(Go First cancels flights.)
Go First is facing opposition from aircraft lessors who are requesting the aviation regulator to deregister some of its planes. The lessors claim that they have not been paid for the planes.
During a hearing before the National Company Law Tribunal (NCLT), the lessors strongly opposed Go First’s request for voluntary insolvency resolution proceedings and a moratorium on financial obligations. The NCLT, which reserved its order, heard arguments for and against the petition for almost four hours. Go First’s legal team argued that the plea was not malicious and aimed at saving the company from severe financial difficulties, while some aircraft lessors opposed it..
Go First has faced a significant challenge due to the non-supply of engines by Pratt and Whitney, resulting in the grounding of planes and inconvenience to passengers.
Aviation industry’s volatility underscored.
“The turbulent state of Go First highlights the precarious nature of the aviation industry, subject to economic, regulatory, and operational uncertainties. Fierce competition in India’s market has also contributed to Go First’s financial woes.”
Many passengers have complained about Go First’s lack of communication and high costs to book alternative flights after cancellations. DGCA issued a refund notice.
Wadia Group to negotiate settlement with creditors, seeking a reduction in amount owed after Go First’s insolvency proceedings.
The airline’s financial difficulties have also had an impact on its employees, who have not been paid for several months. This has led to strikes and protests by employees, who are demanding their salaries and job security.
“Go First’s situation shows the challenges in India’s aviation industry due to the pandemic, regulatory issues, and intense competition.”