Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
Crisis-hit airline Go First on Monday announced that its scheduled flight operations will remain cancelled till June 22 due to operational reasons. Earlier, it was supposed to be till June 19.
"Due to operational reasons, Go First flights until June 22, 2023 are cancelled," the airline said in a tweet, apologising for the inconvenience caused to the flyers.
There were reports that the grounding of the Go First flights had put pressure on airfares, particularly on select routes where the now-grounded airline had its footprint.
The airline operator had in early May filed for voluntary insolvency, and since then its operations were kept stalled. The company earlier said it had filed an application for immediate resolution and revival of operations.
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