India Deregisters Go First’s Planes, Pushing Carrier Closer to Collapse
- Airline leased its entire fleet and may see planes repossessed
- Go First hasn’t flown for about a year as it can’t get funding
Aircraft operated by Go Airlines India Ltd. at Indira Gandhi International Airport in New Delhi, on May 2.
Photographer: Prakash Singh/BloombergThis article is for subscribers only.
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Go Airlines India Ltd., which has been grounded for a year after filing for insolvency, risks having its entire fleet of aircraft repossessed in a further blow to any chances of a revival for the Indian carrier.