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Financial crisis hit airline Go First, on Tuesday, told the Directorate General of Civil Aviation (DGCA) that it hopes to resume its operations at the “earliest”, however, it did not mention any tentative as when are they expecting and on what scale.
Undergoing insolvency, the airline has replied to the showcause notice issued by the regulator based on which a call is to be taken on its license.
The reply that the airline wishes to resume its operation is merely a statement of intent, said people aware of the matter. The source added that further communication from it is expected as they have not mentioned about funding, routes, and number of planes they plan in order to resume.
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Earlier, the regulator had barred the airline from selling its tickets indefinitely till its approval. It had cancelled all its flights since May 3, a day after filing for insolvency.
Lessors approached DGCA under Cape Town Convention to repossess 45 out of airline’s 54 planes. But after its IBC plea was admitted, the airline secured its assets such as airport slots and aircrafts.
The DGCA will do due diligence on terms of seeing whether Go First has required funds and manpower to carry out the operations safely.
