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Airlines that went bankrupt before Go First. Here’s a list

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Airlines that went bankrupt before Go First. Here’s a list

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Go First, the third largest airline in India, may soon cease operations forever. There is a chance that yet another Indian airline may go bankrupt, adding to the country’s growing series of aviation disasters.

Official data shows that in the less than three decades since 1994, when private Indian airlines were first allowed to fly within the country’s airspace, at least 27 scheduled airlines have either ceased operations or merged with another airline or been acquired.

Just two years after commercial airlines began off, the first one to go under shut down in 1996. In November 1996, East West Travels & Trade Link Ltd. was the first airline to go bankrupt. The same year also saw the demise of ModiLuft Ltd.

The following year, 1997, two more airlines ceased operations. Both NEPC Micon Ltd and Skyline NEPC Ltd (formerly Damania Airways Ltd) closed its doors in 1997.

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In the year 2000, Lufthansa Cargo India Pvt Ltd ceased operations.

In 2007, Indus Airways Pvt Ltd. ceased operations.

The year 2008 marks the end of Jagson Airlines Ltd.

In 2008, Kingfisher Airlines bought Deccan Aviation Pvt Ltd (Air Deccan), the pioneer of low-cost air travel.

In 2009, MDLR Airlines Pvt. Ltd. ceased operations.

In 2010, Paramount Airways ceased operations.

The year 2011 marks the end of Aryan Cargo Express.

In 2012, the major airline Kingfisher Airlines was grounded.

Deccan Cargo & Express Logistics Pvt. Ltd. ceased operations in 2014.

In 2017, at least five airlines—including Air Carnival Pvt Ltd, Air Pegasus Pvt Ltd, Religare Aviation Ltd, Air Costa, and Quikjet Cargo Airlines Pvt Ltd—closed their doors for good.

In April of 2019, the once-great full-service airline Jet Airways ceased operations and has not flown since. Jet Lite, formerly known as Sahara Airlines, also ceased operations this year.

In 2020, Zexus Air Services Pvt Ltd (Zoom Air), Deccan Chartered Pvt Ltd, and Air Odisha Aviation Pvt Ltd all ceased operations.

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The last flight for Heritage Aviation Pvt Ltd will be in 2022.

After serving the skies over India for over 17 years, Go First files for voluntary insolvency resolution proceedings and stops all flights for three days in 2023.

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