Aviation

Go First seeks DGCA approval to resume operations with 22 aircraft

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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.

Aviation

Boeing Resumes 737 MAX Manufacturing After Seven-Week Strike

In a crucial move for its recovery, Boeing has restarted production of its best-selling 737 MAX jetliner, about a month after a significant seven-week strike involving 33,000 factory workers came to an end.

This marks a key milestone for the planemaker, which has been facing considerable challenges in recent years, including heavy debt and a series of setbacks.

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According to the report from Reuters, Boeing resumed the production of the 737 MAX jetliner last week, a pivotal step as the company aims to meet the growing global demand for air travel. With over 4,200 orders from airlines, Boeing’s ability to get the 737 MAX production line back in motion is vital for its financial recovery.

Although Boeing had previously planned to restart production earlier, the company faced numerous obstacles that delayed this process. Federal Aviation Administration (FAA) head Mike Whitaker told Reuters on Thursday that while Boeing had not yet resumed production, they had plans to restart by the end of the month.

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The road to this point has been rocky for Boeing. Setbacks such as the tragic fatal crashes of the 737 MAX, the COVID-19 pandemic, ongoing supply chain issues, production safety concerns, and increased regulatory scrutiny have all contributed to delays in the company’s efforts to ramp up production.

The seven-week strike, which involved thousands of Boeing’s factory workers, added yet another hurdle. Despite these challenges, production of the 737 MAX officially resumed on Friday, according to one of the anonymous sources.

Boeing, however, declined to comment on the matter. The planemaker is now focused on reaching its goal of producing 56 737 MAX airplanes per month, a target that has been delayed due to the many issues that have beset the company over the past few years.