India’s low-cost carrier Go First, previously known as Go Air, which temporarily ceased operations on May 3, 2023, has submitted a resolution plan to the Directorate General of Civil Aviation (DGCA) last week. In order to ensure compliance with safety requirements, the DGCA has decided to conduct an audit before granting permission for the airline to resume operations.
Scheduled to take place from July 4th to 6th, 2023, the special audit will focus on safety-related aspects and verify the airline’s continued compliance with the necessary regulations to hold an Air Operator Certificate. It will also involve a physical verification of the arrangements made by Go First for the resumption of flight operations. A DGCA official confirmed the audit’s purpose and timeline.
The news of Go First suspending its operations on May 2 came as a surprise to the industry. The airline voluntarily filed for insolvency with the National Company Law Tribunal (NCLT) and attributed its financial situation to US-based engine manufacturer Pratt & Whitney (P&W). Since May 3, 2023, Go First has not operated any commercial flights.
On June 28, the budget carrier’s RP Shailendra Ajmera presented a revival plan to the DGCA, following interim funding approval from Go First’s lenders. The airline recently received in-principal approval for Rs. 425 crores as it seeks funds to restart its operations. Go First aims to recommence operations with a fleet of 23-25 aircraft.
While the airline’s prospects seem hopeful, several hurdles still lie ahead for Go First to establish long-term sustainability. If successful in resuming operations, Go First will become the first major airline in India to recover from being grounded, as no such airline has managed to restart operations to date.
As the audit process begins today, the aviation industry will be closely watching the progress of Go First, eagerly awaiting its potential return to the skies.
