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DGCA to hold special audit of Go First facilities in Mumbai, Delhi

New Delhi: The Directorate General of Civil Aviation (DGCA) on June 30 declared that it plans to conduct a special audit of the Go First facilities in Mumbai and Delhi as it conducted a preliminary review of the resumption plan submitted by the resolution professional of the Go First on June 28 2023. The special […]

DGCA to conduct special audit of Go First's Mumbai and Delhi facility
DGCA to conduct special audit of Go First's Mumbai and Delhi facility

New Delhi: The Directorate General of Civil Aviation (DGCA) on June 30 declared that it plans to conduct a special audit of the Go First facilities in Mumbai and Delhi as it conducted a preliminary review of the resumption plan submitted by the resolution professional of the Go First on June 28 2023.

The special audit is to be conducted from 4th to 6th July 2023, which will focus on the safety-related aspects and continued compliance with the requirements to hold an Air Operator Certificate, as well as on physical verification of the arrangements made for the resumption of flight operations, stated DGCA, quoted by news agency ANI.

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As per sources, the cash-strapped airlines Go First, on June 29 mentioned to the DGCA that it aims to restart its flight operations across 78 routes and 160 flights daily.

The airline’s Resolution Professional, Shailendra Ajmera, had submitted a resolution plan to the aviation regulator for the resumption of operations with no specific timeline being mentioned.

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As the plan goes, GoFirst, which stopped its flight operations on May 3, will initially be running with 26 flights and four planes on standby. The airline’s lenders, on the other hand, too have given in-principle approval to a financial package to bring around the airline again.

Meanwhile, the bankers have expressed that they are waiting for the authorities to present a viable plan before they meet with the board for approval.

Go First has sought interim funding of around 450 crores from the lenders, which comprised of Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank during March 2023.

HISTORY

Written By

Prateek Gautam


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