Bankrupt Indian airline Go First gets two financial bids, say bankers
Sat, Feb 24, 2024 12:49 PM

Bankrupt Indian airline Go First gets two financial bids, say bankers

A Flip by Avya Verma
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India’s Go First has received two financial bids as part of its bankruptcy process, said two bankers who attended a meeting of the airline’s creditors held on Friday. Budget carrier SpiceJet’s managing director, Ajay Singh, and Busy Bee Airways have jointly submitted a bid of 16 billion rupees ($193.10 million) for the airline, the bankers said.

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