Amid a severe fund crunch, the Wadia group-owned Go First airways on Tuesday, 2 May, announced that it will temporarily suspend all flights on 3 and 4 May, reported news agency PTI. Hours

later, the Directorate General of Civil Aviation (DGCA) issued a show-cause notice to the airline on the cancelled bookings. The airline has also filed an application for voluntary

insolvency resolution proceedings before the National Company Law Tribunal (NCLT) in Delhi. "It is an unfortunate decision (filing for voluntary insolvency resolution proceedings) but

it had to be done to protect the interests of the company," Khona added. He also said that once the NCLT admits the application, the flights will be resumed. The budget airline carrier