Go First: Scindia says ‘prudent to wait for judicial process to run its course’
PTI, May 2, 2023, 7:52 PM IST
New Delhi: Civil Aviation Minister Jyotiraditya Scindia on Tuesday said it was unfortunate that the operational bottleneck related to engine supplies has dealt a blow to the airline’s financial position.
Against the backdrop of the airline filing an application for voluntary insolvency resolution proceedings, the minister said, ”It is prudent to wait for the judicial process to run its course”.
Faced with a severe financial crunch, the budget carrier has also decided to cancel flights for May 3 and 4.
”Go First has been faced with critical supply chain issues with regard to their engines. The Government of India has been assisting the airline in every possible manner. The issue has also been taken up with the stakeholders involved,” Scindia said in a statement.
He noted that it is unfortunate that this operational bottleneck has dealt a blow to the airline’s financial position.
”It has come to our knowledge that the airline has applied to the NCLT. It is prudent to wait for the judicial process to run its course,” he said.
Further, Scindia said the Directorate General of Civil Aviation (DGCA) has issued a notice to the airline on the sudden suspension of flights.
It is incumbent upon the airline to make alternative travel arrangements for passengers, so that inconvenience is minimal, he added.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Actress Kasthuri released from jail, says ‘I thank those who made me raging storm’
Kerala HC quashes FIR against Goa Guv over remarks on Sabarimala women entry
Smriti Irani embarks on four-nation tour to promote book on PM Modi
Karnataka Milk Federation enters Delhi-NCR, offers competitive pricing on Nandini products
Rahul, Congress tried since 2002 to target Modi’s image, PM’s credibility remains high: BJP
MUST WATCH
Latest Additions
Siddaramaiah says confident of winning all three bypolls in Karnataka
Hop on! IT Minister Priyank Kharge checks out Uber Shuttle at Bengaluru Tech Summit
Actress Kasthuri released from jail, says ‘I thank those who made me raging storm’
Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial
AIMPLB to hold its annual general sessions in Bengaluru from November 23
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.