The Directorate General of Civil Aviation (DGCA) asked Go First to submit “a comprehensive restructuring/ revival plan for a sustainable revival of operations” within 30 days.
According to a senior regulatory official, the airline has been required to provide information regarding its operational aircraft count, post holders, pilots, and other staff, as well as its funding and working capital, in addition to its maintenance readiness and agreements with lessors and vendors. Depending on its response showing it has the financial and manpower resources to safely resume flights with reasonable schedule integrity, DGCA will decide on whether it be allowed to fly again.
Since May 3, the airline, which is currently in voluntary insolvency, has cancelled every flight. Go First was instructed to stop selling tickets "directly or indirectly" by the DGCA.
Meanwhile, Go First told DGCA that it hopes to resume operations at the “earliest” but has not given any tentative timeline by when it plans to do so and on what scale.
“After having got reprieve from lessors repossessing aircraft (referring to NCLAT upholding NCLT admitting Go First’s insolvency plea), the reply is basically a statement of intent that the airline wishes to resume operations. But this reply does not have details like funding; with how many planes and how many routes they plan to resume operations on. We expect another communication when the IRP (insolvency resolution professional) has something concrete to share,” said people in the know.