SpiceJet Chairman Ajay Singh will buy Go-First Airlines, know with which company he bid? – Bollywood Keeda

Go-First Airlines: SpiceJet MD and Chairman Ajay Singh has bid with Busy Bee Airways Private Limited to buy Go-First Airlines. The airline said that Singh had made this bid in his personal capacity. If the deal goes through, SpiceJet will help in the operation of the new airline. It will provide the necessary staff, services and industry expertise.

Ajay Singh said that both the companies will benefit

Ajay Singh said, ‘I believe that Go-First has immense potential and can be operated to work with SpiceJet. Both carriers will benefit from this. He said that Go First is a trusted and valued brand among travelers. Apart from this, there are slots at domestic and international airports also. Read More – Ekta Kapoor gave a big offer to Ankita Lokhande! After Bigg Boss, she can be seen in this serial…

Go First gets 60 day extension

Earlier this week, the National Company Law Tribunal had given Go-First an additional 60 days to complete the corporate insolvency resolution process. This was done because NCLT was told by the airline that three parties have shown interest in purchasing Go First.

The airline owes Rs 6,521 crore to lenders.

GoFirst owes Rs 6,521 crore to its lenders. Acute Ratings and Research, in its January 19 report, had said that Central Bank of India had the highest exposure of Rs 1,987 crore, followed by Bank of Baroda at Rs 1,430 crore, Deutsche Bank at Rs 1,320 crore and IDBI Bank at Rs 58 crore. There was an outstanding of Rs. Read More – Poonam Pandey came alive ‘after death’, video surfaced…

Go First Airlines flights are closed from May 3

Go First Airlines had said on May 2 that it was canceling all its flights for May 3, 4 and 5. Since then, Go First has been continuously extending the date of suspending flights.

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