Tag Archives: Go First

JettWings to start operations in northeast India, also wants to acquire Go First

JettWings Airways is based in Guwahati in northeast section of India. The airline is planning to start operations soon in the northeast part of India.

The new airline will start local operations with ATR 72-600s and is also planning to add Embraer E175s jets.

The company has also submitted an expression of interest for bankrupt Go First.

The company describes its organization:

At the forefront of Jettwings Airways’ success are two dynamic individuals, Dr. Sanjive Narain and Sanjay Aditya Singh. Dr. Sanjive Narain, the Chairman of the airline, brings with him an extensive three decades of business experience and expertise in multiple sectors, including media. His visionary leadership and strategic acumen have positioned Jettwings Airways to create a new era of air travel in North East India.

Leading the operational helm of the airline is Mr. Sanjay Aditya Singh, serving as the CEO and MD. With two decades of experience and a deep understanding of the region’s aviation needs, Mr. Singh is instrumental in steering Jettwings Airways towards success and prominence in the aviation industry.

Jettwings Airways is not just an airline but a catalyst for growth and development in North East India. By connecting the region to the global aviation network, the airline opens doors to increased business opportunities, tourism, and cultural exchange.

A dedicated airline for the eight states of North East India is essential due to unique geographical and demographic characteristics. The region’s rugged terrain and limited road infrastructure make air travel crucial for efficient connectivity. With a significant demographic dividend and untapped tourism potential, better air connectivity can boost economic development, trade, and tourism. Additionally, improved air transportation facilitates cultural exchange, education, and collaboration, fostering national integration and overall development in the region.

Go First will be allowed to resume commerical flights with 15 aircraft

Go First will be allowed to resume operations after operating some military flights to Leh and Thios.

The airline filed for bankruptcy protection on May 3.

Yesterday the airline cancelled all flights through July 23, 2023.

Go First now seeks new investor as part of the insolvency process

Go First Airbus A320-271N WL XA-VIY (VT-WDI) (msn 11416) TLS (Eurospot). Image: 960909.

From Reuters:

“Go Airlines (India) Ltd (Go First) has invited investor interest in the company through a court-appointed administrator as part of the carrier’s ongoing insolvency, a newspaper advertisement showed on Monday.

The process is in line with procedural requirements under Indian law.

Two bankers aware of the developments told Reuters on Monday that they expect Indian conglomerate Wadia Group – which used to own Go Airlines before it started bankruptcy proceedings – to be part of its insolvency process.”

Go deeper:

https://www.reuters.com/business/aerospace-defense/expression-interest-sought-indias-go-airlines-possible-sale-2023-07-10/

Meanwhile the airline continues to cancel flights and delay its return to service:

Top Copyright Photo: Go First Airbus A320-271N WL XA-VIY (VT-WDI) (msn 11416) TLS (Eurospot). Image: 960909.

Route Map:

Go First receives Rs 400 crore of interim funding, continues to cancel flights through June 28

Go First’s lenders have approved an interim funding amount of around Rs 400 crore as the Indian carrier struggles to survive.

However the carrier still owes Rs 6521 crores to its lenders.

Meanwhile the airline continues to cancel flights:

Go First continues to cancel flights

Go First continues to ground its aircraft.

The latest extension is until June 22, 2023 as the company reorganizes.

Route Map:

GoAir rebrands as Go First

GoAir of India has elected to rebrand the company as Go First with a revised livery. The new motto of the airline is “The Airline Where You Come First”.