Go First seeks DGCA approval for 22 aircraft relaunch

07 Jun 2023 CW Team

Go First has sought approval to restart flights with 22 planes for the next five months. The Directorate General of Civil Aviation (DGCA) asked for a resumption plan last week after meeting the Go First management.

The carrier outlined its business plan till November saying that it intends to restart with military charter flights, followed by commercial operations. ET has seen a copy of the plan. The carrier suspended flights on May 3.

Abhilash Lal, the resolution professional from consulting firm Alvarez and Marsal, has nominated current CEO Kaushik Khona to run daily operations and act as the accountable manager.

The airline, which filed for insolvency last month, told the regulator that it requires Rs 200 crore to resume flying and that it has access to funds of Rs 400 crore under the government’s emergency credit line guarantee scheme (ECLGS) as well as undrawn credit.

The airline is also in discussions with lenders to arrange interim funding of Rs 200 crore. This will be used to pay salaries for April and May and make payments to vendors.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..