SHARJAH'S SKY ONE ALSO IN FRAY SpiceJet's Ajay Singh bids for Go First with Busy Bee
Financial Express Mumbai|February 17, 2024
SPICEJETCHAIRMANAND managing director Ajay Singh, along with Busy Bee Airways, on Friday put in a bid for the bankrupt Go First, which stopped flying more than nine months ago.
SHARJAH'S SKY ONE ALSO IN FRAY SpiceJet's Ajay Singh bids for Go First with Busy Bee

Separately, Sharjah-based Sky One FZE,which specialises in various aviation services, including cargo charters, said it has also submitted a bid for the carrier.

ASpiceJet statement said that Singh, in his personal capacity, along with Busy Bee Airways, has submitted a bid for Go First. The announcement by Singh comes at a time when the financially troubled SpiceJet is trying to raise funds and rationalise its costs, by laying off more than 1,000 staff. The statement did not mention any details about Busy Bee Airways.

Go First stopped flying on May 3, 2023, and its plea for voluntary insolvency resolution proceedings was admitted by the National Company Law Tribunal (NCLT) on May 10 last year.

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