The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, marking a dramatic end to the airline’s 17-year legacy in the Indian aviation industry. The decision follows the airline’s prolonged financial struggles, which led to the suspension of its operations nearly three years ago. In May 2023, Go First filed for insolvency, citing severe financial distress, and subsequently entered into an insolvency resolution process that ultimately failed to find a sustainable solution.
A 17-year legacy of Service
Go First, formerly known as Go Air, had…