NCLT to deregister 9 more Go First Aircrafts

Lessors have petitioned the National Company Law Tribunal (NCLT) to deregister nine further Go First aircraft while the financially troubled airline waits for a ruling on its voluntary insolvency resolution plea.

Lessors have petitioned the DGCA, the aviation authority, to deregister and reclaim 45 of Go First’s planes in the span of a week.

On Wednesday, the National Company Law Tribunal (NCLT) will issue its ruling on the petition filed by the airline.

The airline Go First has ceased operations as of May 3, and on Monday the aviation authority DGCA ordered the company to suspend ticket sales until further directives.

According to the latest information from the Directorate General of Civil Aviation (DGCA), the airline’s lessors have requested the deregistration of nine additional aircraft.

When the airline suspended operations and filed for bankruptcy on May 2, it had a fleet of 55 aircraft.

The Wadia group-owned airline said on Tuesday that it will reply to the DGCA’s show cause notice in due course and is doing everything it can to minimise disruptions for its customers.

Lessors of the carrier have argued before the NCLT that an interim moratorium requested by Go First would have “harmful and serious consequences.”