According to a source, Go Airlines (India)’s new resolution professional told staff on Thursday that the firm needs finance to survive.
On Wednesday, a New Delhi judge granted Go First bankruptcy protection and appointed Alvarez & Marsal’s Abhilash Lal as its temporary resolution expert.
We must restart the firm quickly… According to the article, Lal informed colleagues in a virtual town hall, “We have to raise the funds to do it.”
The source refused to comment to the media. Go First responded slowly to our request for feedback.
