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    Go Air Insolvency in India: A Comprehensive Examination
    2025-02-24

    Introduction

    Established in 2005 by the Wadia Group, Go Air, later rebranded as Go First, entered the Indian aviation sector as a low-cost carrier, aiming to provide affordable air travel to the rapidly expanding middle class. The airline was built on a business model that focused on operational efficiency, a streamlined fleet, and competitive pricing. However, despite its early success, Go Air faced mounting financial difficulties that ultimately led to its insolvency.

    Filed under:
    India, Arbitration & ADR, Aviation, Insolvency & Restructuring, Litigation, PSL Advocates & Solicitors, Insolvency, Singapore International Arbitration Centre, Insolvency and Bankruptcy Code (India), National Company Law Tribunal
    Authors:
    Himesh Thakur , Fazl Askari , Vaibhav Mishra
    Location:
    India
    Firm:
    PSL Advocates & Solicitors
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