The airline has been asked to state how many operational aircraft; post holders, pilots and other personnel and funding/working capital it has, apart from maintenance preparedness, and arrangements with lessors and vendors, said a senior regulatory official.Depending on its repose showing it has the financial and manpower resources to safely resume flights with reasonable schedule integrity, the DGCA will decide on whether it be allowed to fly again.
“Go First submitted their response to DGCA show cause notice issued on May 8, wherein they have requested that they be allowed to use the moratorium period to prepare a comprehensive restructuring plan for restarting operations and present the same to DGCA for the requisite regulatory approvals before restarting operations. The revival plan, once submitted by Go First, will be reviewed by DGCA for further appropriate action in the matter,” said the official.
The airline, which is now under voluntary insolvency, has cancelled all flights since May 3. The DGCA had on May 8 directed Go First to immediately stop booking and sale of tickets “directly or indirectly” until further orders while issuing a show cause for the airline’s“failure to continue operation in a safe, efficient and reliable manner.” The regulator had said in the notice it will take a call on the airline’s air operator’s certificate (AOC or licence) after examining its response to the notice that has to be submitted within a fortnight. Go was to reply within 15 days.
Go First insolvency case: Steadfast in our resolve in terms of helping airlines, says Scindia