Both the companies are also in discussion with airport operators in New Delhi and Mumbai regarding provision of landing and parking slots.
The Tata group and IndiGo are currently in separate talks with the lessees of GoFirst.
Indian multinational conglomerate Tata Group and airline company IndiGo are reportedly in discussions to acquire Airbus SE aircraft from GoFirst airline. The development comes days after the carrier filed for bankruptcy protection and was directed stop ticket sales,
Tata has acquired the formerly operated Air India and is integrating its brands, including the local ventures of Singapore Airlines Ltd and Capital A Bhd’s AirAsia.
According to cnbctv18in which a is referred to Bloomberg In the report, sources familiar with the matter have revealed that the Tata group and IndiGo are currently in separate talks with the lessees of GoFirst.
In addition, the two companies are also in discussion with airport operators in New Delhi and Mumbai regarding provision of landing and parking slots.
Reportedly, it has been revealed that the lessees of GoFirst are seeking to take back 36 aircraft, which is evident from the filings made with India’s aviation regulator.
According to the report, several other parties have also shown their interest in getting the airport slot. One of the mentioned interested parties is Akasaka Air, a recently established airline.
The high demand for GoFirst’s assets could potentially hinder the airline’s debt restructuring plans and efforts to restart operations.
On Monday, May 8, the DGCA directed GoFirst to stop selling tickets, reminiscent of a similar action taken against Vijay Mallya’s Kingfisher Airlines nearly a decade ago.
The aviation regulator directed the distressed airlines to immediately stop booking and selling tickets directly or indirectly till further orders.
Further, the watchdog has issued a show cause notice to the budget carrier under relevant provisions of the Aircraft Rules, 1937 for failing to continue to operate the service in a safe, efficient and reliable manner. PTI informed of.
Earlier, the airline had suspended ticket sales till May 15 and canceled flights till May 12.
The carrier has filed a petition for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), which has reserved its order.
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