Go First gets claims worth ₹24,000 crore from creditors: sources - BusinessLine

Go Airlines in India, which filed for bankruptcy protection in May, has received claims worth ₹24,000 crore ($2.9 billion) from operational and financial creditors. Lenders have claimed ₹5,000 crore, while lessors have claimed ₹18,000 crore. The veracity of these claims is yet to be verified by Go Airlines' resolution professional. The company has invited investor interest and has received 40 queries from potential bidders but no formal submissions yet. The DGCA has approved Go Airlines' revival plan, allowing the carrier to resume operations upon meeting certain conditions.

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