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Go First seeks DGCA approval to resume operations with 22 aircraft

Lessors Have Applied For Deregistration Of 54 Go First Planes

According to PTI, the cash-strapped Go First Airline has submitted a resurrection plan to the aviation regulator DGCA in preparation for resuming its commercial flying operations in India. The low-cost carrier intends to resume operations with 26 aircraft and 152 daily flights while going through a voluntary insolvency resolution process.

The airline ceased operations on May 3, 2023, and the Directorate General of Civil Aviation requested a clear plan before it could resume flights within the nation. According to the report, the airline is in talks with lenders to obtain funds to cover its needs for operating capital.

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The Wadia Group-operated airline ceased operations a day after NCLT received its application for voluntary insolvency resolution proceedings, and it has not yet paid several senior-level executives and pilots. According to PTI,  who spoke on the condition of anonymity claimed that the carrier pays out roughly Rs 30 crore in salaries each month and that there are currently about 4,700 people working as many have put in their papers in one month.

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The airline management has submitted a recovery plan and is awaiting approval from the Directorate General of Civil Aviation (DGCA) to resume flight operations. Go First is hoping to resume operations with a fleet of 26 aircraft, of which 22 will be used for active operations and 4 will be held as spares, under the proposal that was given to the DGCA this week.

Go First had a fleet that flew 200 flights per day until April before running into financial difficulties and ceasing operations. The airline claimed that it has the necessary workforce—roughly 675 pilots and 1,300 cabin crew members—to operate its current fleet.

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Aviation

Boeing, Antonov to Collaborate on Defense Projects

Boeing, Antonov to Collaborate on Defense Projects

– MOU represents Boeing’s commitment to work with Ukrainian industry

– Includes exploring opportunities for collaborating on in-country support of Unmanned Aerial Systems

A Memorandum of Understanding was signed today by Boeing and Antonov Company to investigate potential collaboration on defense-related projects.

“We’re happy to keep collaborating with the Antonov Company to help Ukraine’s economic development and expansion,” stated Ted Colbert, CEO and president of Boeing Defence, Space, & Security.

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“This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our signing of the Ukrainian Defence Industry Compact earlier this year.”

The areas of potential collaboration identified in the agreement consist of training, logistical support and overhaul services for tactical Unmanned Aerial Systems utilized by the Ukrainian Armed Forces, which includes the ScanEagle. In addition, the companies will also explore opportunities for Antonov to provide engineering support to Boeing.

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“A strong, innovative, and efficient defense industry is key to sustainable economic development and national security, and we are extremely excited to collaborate with Boeing,” said Ievhen Gavrylov, CEO of Antonov Company.

This agreement brings a whole new level of opportunity to implement the latest and most effective solutions – in addition to the possibility of future projects with Boeing in the aerospace and defense industry.”

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