SpiceJet chief bids for bankrupt Go First

PTI

New Delhi, February 16

SpiceJet chief Ajay Singh along with Busy Bee Airways has put in a bid for bankrupt Go First as the budget carrier looks to strengthen its operations with more slots and international flying rights of Go First.

The announcement also comes at a time when the crisis-hit SpiceJet is raising funds and rationalising costs, including by laying off more than 1,000 staff. In a release on Friday, SpiceJet said the bid for Go First has been submitted by Singh in his personal capacity along with Busy Bee Airways Pvt Ltd. The release did not mention any details about Busy Bee Airways. Separately, Sharjah-based Sky One FZE said it has also submitted a bid for Go First.

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