Go First joins India’s airline graveyard?
Finshots Daily
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Go First's Declares Bankruptcy
Go first was prepping for an IPO this week. It declared bankruptcy Just like that it has its foot in the graveyard of now defund carriers such as Kingfisher Airlines air Pegasus jet airways. The company's loss doubled from 870 crore rupees in FY 21 to over 1,800 crore rupee in FY 22. At last count 50% of its 54 aircrafts were Unflyable needless to say business patter to a stop.
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