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Go First bankruptcy filing reveals creditors owed US$798 million
May 4th 2023
India-headquartered Go First's bankruptcy filing shows the company owes 65.2 billion rupee (US$798 million) to creditors, the Reuters news agency reports, citing a copy of the filing. Read More » At the start of the week, Go First cancelled all of its flights between May 3 and May 5, blaming the grounding on Pratt & Whitney engine issues. Local media reports Go First CEO, Kaushik Khona, said the airline's owner, Wadia Group, did not plan to offload its shareholding in the LCC.
