Which Airline has filed plea for insolvency in early May 2023?

This question was previously asked in
OSSC Odisha CGL (Specialist) Official Paper (Held On 28th May 2023)
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  1. Go Air
  2. Kingfisher
  3. Jet Airlines
  4. Sahara Airlines

Answer (Detailed Solution Below)

Option 1 : Go Air
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The correct answer is Go Air.

Key Points

  • Go Air Airline has filed a plea for insolvency in early May 2023.
  • It filed for insolvency proceedings with the National Company Law Tribunal (NCLT) on May 2, 2023.
  • This action came amidst mounting losses and operational challenges due to alleged issues with Pratt & Whitney engines powering their fleet.

Additional Information

  •  Kingfisher Airlines ceased operations in December 2012.
  • Jet Airways stopped flying in April 2019.
  • Sahara Airlines shut down in May 2014.
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