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Friday, November 22, 2024

Go First remains grounded; 500 pilots quit, more employees leave

Go First, previously GoAir, has been grounded since April 2022 owing to financial issues. As the airline struggles to find a buyer, several staff have resigned. Go First has 100 pilots after 500 of its 600 pilots left to join other airlines, sources said. Other personnel resigned, including cabin staff and aviation maintenance engineers. Go First presently employs 3,000, down from 4,200 in July.

The airline’s resurrection delay has exacerbated its financial issues. In July, Go First asked purchasers to submit Expressions of Interest (EOI), which was extended to September 8. Employees anxious about their future are more irritated.

It is unknown when Go First will restart operations. The airline is still in negotiations with potential purchasers, but it may have to close if it cannot find a buyer.

The pilot loss hurts Go First. Without enough pilots, an airline cannot fly. The airline is recruiting pilots, but its timeline is unknown.

Losing personnel is another key issue for Go First. Without enough staff, an airline cannot operate. The airline is trying to keep its staff, but its success is uncertain.

The future of Go First is unclear. The airline is struggling with finances, pilot shortages, and personnel turnover. The airline may find a buyer and restart operations, or it may be forced to close.

Conclusion:-

Go First, previously GoAir, has been grounded since April 2022 owing to financial issues. The airline has lost 500 of its 600 pilots due to a lack of a buyer, leaving 100. The airline has lost cabin crew and aircraft maintenance engineers, leaving 3,000 workers. The deadline for Expressions of Interest (EOIs) has been extended to September 8, worsening financial issues.

Go First is still in negotiations with possible purchasers, but it may have to close if it can’t find a buyer. Pilots are crucial to the airline’s aircraft operations, therefore losing them is devastating. The airline is recruiting pilots, but the timing is unknown.

Financial issues, pilot shortages, and personnel turnover make Go First’s future dubious. The airline may find a buyer and restart operations, or it may be forced to close.

Sunil Pandey
Sunil Pandey
The business professional who loves penning down his thoughts/ insights on business, entrepreneurship, & startups. His ability to break down complex business concepts into easy & concise write-ups makes him a wonderful author. He believes that writing is a powerful tool for communication and education.

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