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SpiceJet promoter Ajay Singh, Busy Bee Airways submit bid for GoFirst

By Economic Times - 9 months ago
SpiceJet promoter Ajay Singh and Busy Bee Airways jointly bid for financially troubled GoFirst, planning to operate it with SpiceJet's support. Singh highlighted Go First's potential and aims to leverage its strengths. The NCLT granted a 60-day extension to Go First's resolution process. SpiceJet, restructuring its finances, recently laid off staff and secured Rs 744 crore capital infusion.

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