Spicejet Shares Surged 13% as CMD Submits Joint Bid for GoFirst Amid Release of DGCA Data
SpiceJet shares surged over 13% on Friday after the airline’s Chairman and Managing Director (CMD) and Busy Bee Airways jointly submitted a bid for GoFirst...
Tag : GoFirst
Wadia Group Considers a One-time Settlement Offer in GoFirst Crisis
The beleaguered GoFirst airline owner Wadia Group plans to go for a one-time settlement with banks wherein creditors will take a “substantial haircut”, the media report mentioned....
Grounded GoFirst Drives Bombay Burmah Shares Tumbled 5%
On May 3, Wadia Group company Bombay Burmah Trading Corporation shares fell 4.72% to Rs 991.65 in early trade after GoFirst filed for voluntary insolvency resolution. The...
NCLT Lists GoFirst Insolvency Plea for Hearing Tomorrow
Delhi’s National Company Law Tribunal has agreed to hear cash-strapped airline GoFirst’s voluntary insolvency plea on Thursday. GoFirst lawyers referred the request before NCLT on...