Go FIRST’s grounded fleet is gradually leaving India, with 75% of its planes now flown out by lessors after a prolonged legal battle post its May 2023 bankruptcy. Go First, the Wadia Group-owned carrier, has filed for bankruptcy stating that the ‘serial failure’ of Pratt & Whitney engines is to blame. The low-cost airline said in a statement that it had lost Rs 10,800 in revenue due to the ‘defective’ engines provided by the Connecticut-based company Low-cost airline Go First, on Tuesday filed for bankruptcy citing sever cash crunch. Here's a detailed guide on how to claim refund for cancelled Go First flight. Booked a Go First flight through travel portals like MakeMyTrip, Yatra.com, EasemyTrip? The airline has also provided a detailed guideline for tracking refund for cancelled go First flight. NCLT has ordered the liquidation of Go First Airways following a request from the Committee of Creditors, with judicial and technical members presiding over the decision. Despite lessors' legal challenges and a clarified exemption from the Ministry of Corporate Affairs, the fleet's deregistration and liquidation were finalized by 2024.
