U

SpiceJet, Two Entities Show Interest In Acquiring Go First

2023 • 5min • News • Business

Informative

Published On: December 18, 2023 - Three entities, including SpiceJet have shown interest in acquiring the grounded airline, Go First. The other two entities are Sharjah-based aviation company Sky One; and Africa-focused Safrik Investments. All three entities seek an extension of the deadline, along with a nod for due diligence. On the issue, the Committee of Creditors (CoC) will meet and decide if an extension is possible. Join News9’s Krishnakumar and Kartik Malhotra for more on this story.