![NCLT admits Go First insolvency plea, moratorium kicks in](https://images.assettype.com/fortuneindia%2F2018-09%2Fccc7e059-31a0-4d76-af16-0466a05d1b5e%2FGo_Air_Airlines_IMG_9931.jpg?w=300&q=95)
NCLT admits Go First insolvency plea, moratorium kicks in
Go First had filed for insolvency with Delhi bench of NCLT citing operational losses caused due to ever-increasing failure of Pratt & Whitney engines that power its fleet.
Go First had filed for insolvency with Delhi bench of NCLT citing operational losses caused due to ever-increasing failure of Pratt & Whitney engines that power its fleet.
The Wadia group-owned Go First moved to the NCLT on Tuesday, seeking voluntary insolvency resolution proceedings.