Indian tribunal upholds Go First's bankruptcy protection in setback to lessors

Indian tribunal upholds Go First's bankruptcy protection in setback to lessors

FILE PHOTO: Empty seats are seen at a Go First ticketing counter at the Chhatrapati Shivaji International Airport in Mumbai, India, May 3, 2023. REUTERS/Francis Mascarenhas

An Indian appeals tribunal upheld insolvency proceedings against Go First on Monday, throwing a spanner in the works for the airline’s lessors, who are attempting to take back their planes.

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