Cash-Strapped Airline Go First Looks For Bidders To Fly Again

The cash-strapped carrier stopped flying on May 3 and is undergoing the voluntary insolvency resolution process.

Go First's resolution professional on Monday invited expressions of interest till August 9 from potential bidders for the grounded budget airline, which is working on ways to restart operations.

The cash-strapped carrier stopped flying on May 3 and is undergoing the voluntary insolvency resolution process.

The deadline for submitting Expressions of Interest (EoIs) is August 9 and the final list of prospective resolution applicants will be declared on August 19, according to the public notice issued by the resolution professional Shailendra Ajmera.