Go First’s revival prospects, the Delhi High Court on Friday asked the Directorate General of Civil Aviation (DGCA) to deregister all the 54 leased aircraft to the airline and process the lessors' applications for deregistration within five working days.
Justice Tara Vitasta Ganju while restraining the carrier’s resolution professional (RP) from operating, accessing or flying these planes handed over the maintenance work of the aircraft back to the lessors. It also restrained the RP from replacing, taking out any accessories, spare parts, documents or any material from the aircraft while directing him to provide up to date information and documentation related to the aircraft to the lessors.
The HC also quashed the aviation regulator’s communication against processing the applications of lessors to deregister their leased planes due to a moratorium imposed by the National Company Law Tribunal (NCLT) on the airline's assets.
Further, the judge directed the DGCA to facilitate the exports and provide certificates of airworthiness to the lessors, who were permitted to export their aircraft. The DGCA and the Airport Authority of India (AAI) will have to assist the lessors in accessing the airports for the purpose of exporting the aircraft.
Pursuant to the NCLT on May 10 admitting a voluntary insolvency application against Go First airline and declaring a moratorium on all its assets, the DGCA had informed the lessors that it could not process their applications for deregistration as there was a moratorium on the