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The Directorate General of Civil Aviation (DGCA) has asked the interim resolution professional (IRP) of Go First to submit the airline’s services resumption plan after receiving the approval from the committee of creditors (CoC). Only when the CoC approves the plan for restarting the services, the aviation regulator will examine it, sources said. The CoC is likely to hold its first meeting on Friday. Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank are the main lenders to the airline, which owes Rs 6,521 crore to its financial creditors, according to its filings with the National Company Law Tribunal. Of this, Rs 1,300 has been drawn under the government’s emergency credit line guarantee scheme (ECLGS). Upon including the dues of the vendors, the total dues of the airline stands at Rs 11,463 crore. Vistara expands codeshare partnership with Lufthansa As first reported by FE, the IRP submitted a six month revival plan to the DGCA, around a week ago, stating that the airline is ready to resume operations with 26 operational aircraft in its fleet and 400 pilots on its rolls. It said that once the DGCA approves the revival plan, it can start chartered flights between Delhi-Srinagar and Delhi-Leh immediately by deploying two aircraft. Within the next few days it will be able to resume scheduled services, mainly on the Pune, Bagdogra and Goa routes. The airline has said that it will be able to deploy 8-10 aircraft for the scheduled services. Apart from seeking ...

Notably, the current 33-point checklist has been reduced to 10 points. The civil aviation regulator also removed redundant provisions in the existing checklist. The DGCA issued a statement in this regard. It stated that an assessment of the preparedness of Indian airline operators will be conducted before permitting their operations to a new foreign destination. "In order to further ease the process for grant of permission to Indian airline operators for operations to a new foreign destination, the existing regulatory requirements have been comprehensively reviewed in consultation with all stakeholders and the current 33-point checklist has been rationalised and reduced to a 10-point checklist related to their preparedness for the intended operations, removing other generic and redundant provisions in the existing checklist," the statement read.