Go First Flights Cancelled Till May 9 Due To 'Operational Reasons', Says Airline
Go First has cancelled its flights till May 9 and suspended sale of tickets till May 15 amid bankruptcy
Go First, which has filed bankruptcy, has cancelled its flights till May 9 due to "operational reasons", said the airline Thursday. In a statement, the aviation company said it will refund the ticket prices to passengers through original payment. "We regret to inform that due to operational reasons, Go First flights scheduled till 9th May 2023 have been cancelled. We apologise for the inconvenience caused by the flight cancellations," it said.
A full refund will be issued to the original mode of payment shortly, the airlines added.
We acknowledge the flight cancellations might have disrupted your travel plans and we are committed to providing all the assistance we can, the statement added.
Due to operational reasons, Go First flights until 9th May 2023 are cancelled: Go First pic.twitter.com/8AXbgyeY2o
— ANI (@ANI) May 4, 2023
The cash-strapped airline also suspended all its ticket sales till May 15 and the Directorate General of Civil Aviation has asked the airline to refund or reschedule existing bookings for future dates, reported PTI.
The aviation regulator on Thursday said that Go First has suspended the sale of tickets till May 15 and is working to refund or reschedule existing bookings for future dates, report said.
Meanwhile the state-run Central Bank of India on Wednesday said it has an outstanding exposure of Rs 1,305 crore to cash-strapped airline Go First as on March 31, as per another PTI report.
ALSO READ: Go First Suspends Tickets Sales Till May 15, DGCA Directs Airline To Refund Existing Bookings
The Wadia group-owned airline's plea for initiation of insolvency proceedings was mentioned before NCLT's Delhi bench-headed by president Justice Ramalingam Sudhakar and the bench agreed to an urgent hearing on Thursday.
"...Central Bank of India's outstanding exposure to GO First Airlines as on 31st March 2023 is Rs 1,305 crore and additional amount of Rs 682 crore sanctioned under Emergency line of credit guaranteed by Government of India," the lender said in a filing to the BSE. The stock exchange had sought clarification on a news relating to bank's exposure to Go First Airlines.
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