industrialist Nusli WadiaFoundation. Go First was founded as GoAir on 4 November 2005 by Jeh Wadia, son of Indian industrialist Nusli Wadia. The airline is a wholly-owned subsidiary of the Wadia Group. GoAir commenced its operations using an Airbus A320 aircraft and operated its inaugural flight from Mumbai to Ahmedabad on 4 November 2005.
Who is the CEO of go?
Board of Directors
| Name | Designation |
|---|---|
| Mr. Kaushik Khona | Chief Executive Officer |
| Mr. Niraj Kumar | Chief Financial Officer |
| Mr. Manish Sehgal | Company Secretary |
| Mr. Sumit Kumar Bhandari | General Manager- Airport Services |
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Who is the new CEO of Go First?
CEO Kaushik KhonaGrounded airline Go First's CEO Kaushik Khona has informed the airline's employees that the company will credit two more months of unpaid salaries in September.
Why did go air shut down?
Its engines failed prematurely and shut down as the combustor deteriorated faster than it should. The airline has lost 108 billion rupees ($1.3 billion) due to the planes going out of service.
What is the net worth of GoAir?
The airline's accumulated losses ballooned to Rs 4,416 crore (Rs 44.16 billion) by the end of FY22 and it reported a negative net worth of Rs 3,323 crore (Rs 33.23 billion) at the end of that financial year.
How did Jamsetjee Bomanjee Wadia become rich?
Some ordinary Indians turned British control to their financial advantage, such as shipbuilder Jamsetjee Bomanjee Wadia. He became wealthy by building ships for the British East India Company.
What went wrong with Goair?
In a statement, the airline said that it was forced to take the step due to the 'ever-increasing' number of failing engines supplied by Pratt & Whitney's International Aero Engines. The company has grounded 28 planes and this has resulted in a fund crunch, said company CEO Kaushik Khona.
Which airline does Ram Charan own?
Turbo Megha Airways Private Limited was incorporated on March 14, 2013 with Ram Charan and Vankayalapati Umesh as promoters, with the backing of 20 investors. The company planned to operate ATR aircraft primarily aimed at pilgrims and middle class travellers to destinations like Tirupati.
Who is the owner of Air Asia?
In December 2022, after the entire shares of AirAsia India was acquired by Tata Sons, the airline was renamed AIX Connect ahead of its merger with Air India Express. The AirAsia India brand sunset on 31 October 2023, and the airline now operates, markets and distributes their flights for Air India Express.
Who is the current CEO of Go Air?
What went wrong with Go Air?
In a statement, the airline said that it was forced to take the step due to the 'ever-increasing' number of failing engines supplied by Pratt & Whitney's International Aero Engines. The company has grounded 28 planes and this has resulted in a fund crunch, said company CEO Kaushik Khona.
Will Go Air flights resume?
DGCA has allowed Go First to resume flight operations with 15 aircraft or 114 daily flights.
Which airline has the highest net worth?
Delta Air LinesDelta Air Lines is the largest by revenue, assets value and market capitalization.
Who owns go IndiGo?
Rahul Bhatia is an Indian businessman who owns IndiGo Airlines along with Rakesh Gangwal. Rahul Bhatia was born on 18 December 1955 in Nainital, Uttar Pradesh (now in Uttarakhand), India.
Who are the owners of Wadia?
Nusli Wadia is chairman of the Wadia Group, a cookies-to-textiles empire with roots in shipbuilding dating back to 1736. Group companies include Britannia Industries and home textiles company Bombay Dyeing. His loss-making budget airline, Go First, declared bankruptcy in May 2023.
What is the net worth of Nusli Wadia?
4.2 billion USD (2023)Nusli Wadia / Net worth
Why is go air renamed as Go First?
After being in the skies for 15 years, Wadia Group-owned GoAir has rebranded itself as 'Go First' as the airline focuses on ultralow-cost business model while the aviation industry is grappling with the COVID-19 pandemic.
Why did Go First close?
The airline alleged that Pratt & Whitney had failed to meet contractual obligations and had refused to abide by an emergency arbitration award from March under which the engine manufacturer was to supply Go First at least 10 serviceable spare leased engines by April 27.
Does Ram Charan have private jet?
Here is a list of five famous South celebrities who are proud owners of private jets. Ram Charan rose to global stardom with his gripping performance in SS Rajamouli's RRR. The actor, who is the son of veteran Telugu star Chiranjeevi, is the owner of a private charter plane.
Who is the CEO of AirAsia 2023?
Nadia OmerKUALA LUMPUR, 26 October – airasia MOVE (formerly airasia Superapp) announces Nadia Omer as its new Chief Executive Officer effective 26 October 2023, taking the helm from Mohamad Hafidz Mohd Fadzil who served as airasia MOVE's acting CEO since April this year.