DGCA deregisters all 54 aircraft leased to Go First after Delhi HC order
Business Standard
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New Delhi: Aviation watchdog Directorate General of Civil Aviation (DGCA) has deregistered all the 54 planes leased by Go First, days after a court allowed lessors to take back their aircraft from the bankrupt airline.
.Bogged down by financial turbulence and engine woes, budget carrier Go First stopped flying in May last year and is undergoing an insolvency resolution process.
.Lenders to Go First weigh liquidation after court order on planes.Foreign lessors that have leased...