Updated On: 14 May, 2024 07:10 AM IST | Mumbai | Prasun Choudhari
DGCA move will further impact valuation of defunct airline, industry sources say

Go First went insolvent on May 2, 2023 and ceased operations the next day
Budget airline Go First is staring at more trouble as the Directorate General of Civil Aviation (DGCA) is reportedly looking to take away domestic airport slots and international flying rights of the carrier.
A senior government official said, “If an airline does not utilise its airport slots for a year, it loses its historic precedence to domestic airport slots. It has been a year since the collapse of Go First. The domestic airport slots have already been allocated to other airlines and its international flying rights will soon be redistributed.”