 said the regulator advised the airline on May 24 to submit a comprehensive restructuring plan for a sustainable revival of operations. The plan has to be submitted within a period of 30 days.){kind=link}
New Delhi: Aviation watchdog DGCA has asked cash-strapped Go First to submit a comprehensive plan for the revival of its operations, including details about the availability of operational planes and pilots, within 30 days, a source said on Thursday.
The no-frills carrier, which is undergoing a voluntary insolvency resolution process, stopped flying on May 3 and lessors are looking to take back aircraft leased to the carrier.
The source at the Directorate General of Civil Aviation (DGCA) said the regulator advised the airline on May 24 to submit a comprehensive restructuring plan for a sustainable revival of operations.
The plan has to be submitted within a period of 30 days, the source added.
The source said the revival plan, once submitted by Go First, will be reviewed by DGCA for further appropriate action.
PTI