GO FIRST, formerly known as GoAir on Tuesday announced the resumption of flights to Maldives from July 15, 2021.
In a move that is likely to work as a precursor to the revival of the sector, the resumption of flights to Maldives comes after the island nation, one of the favourite destinations for Indian tourists, opened its borders to South Asian countries including India.
GO FIRST to Fly Twice Weekly
GO FIRST will resume services to Maldives with 2 flights a week (Thursdays and Sundays) from July 15, from Mumbai, Delhi, and Bengaluru airports.
Taking into consideration the current situation due to the pandemic, GO FIRST will gradually increase the frequency of flights until it restores normalcy. There will be 4 flights a week from August 1 and daily flights will be available from September 1 onwards.
Flights beyond October 1 are already selling as daily operations. Additionally, aimed at offering exceptional convenience to the passengers the flight schedule has been designed to provide seaplane connectivity at Male.
GO FIRST offers an array of products and services to passengers for comfortable and hassle-free travel. Customers can choose from offerings like GoHoliday, Pre Covid-Flight Test, Smart Assist, International SIM, Lounge and Car Rental.
Ease of Travel
Travellers looking for complete ease of travel can enjoy attractive packages from GoHoliday. Offers starting as low as Rs. 32,500 per passenger, along with 20% discount on land package, can be availed using a promo code.
This offer is an ideal option for tourists. It is inclusive of Airfares, Airport Transfers, Accommodation for 3 Nights / 4 days (3 Star Category), Meals – Breakfast and Dinner and Travel Insurance.
Speaking on the initiative, Kaushik Khona, CEO, GO FIRST, said, “At GO FIRST, customer delight is of paramount importance to us, and this has been the hallmark of our successful operation.”
Mr. Khona said that as the airline gradually looks to resume international flights, we will continue to innovate and offer best-in-class customer-centric products and services which is in line with the airlines ‘You come first’ approach.
“While, we have been consistent in our delivery both in terms of operational efficiency and unparalleled customer service, we continue to introduce customized services for our customers,” he said.
To make the experience seamless and even more pleasant, GO FIRST will assist passengers in booking COVID-19 RT-PCR Test across India and overseas destinations.
For a hassle-free airport experience, especially for first time travellers, business travellers, passengers traveling alone, traveling with kids and senior citizen travellers, GO FIRST has also introduced Smart Assist meet and greet services with Elite Class Management Services at domestic and international airports.
No Sign of IPO
Meanwhile, the Initial Public Offering (IPO) of Go Airlines (India) Ltd has been temporarily halted. This follows a Securities and Exchange Board of India (SEBI) pending enquiry against Bombay Dyeing Manufacturing Company Ltd and its promoters, the Wadias.
GoAir had filed its draft red herring prospectus on May 13, 2021 to raise Rs. 3,600 crore through a new share sale. Promoter entities, including Bombay Dyeing chairman Nusli Wadia in his personal capacity, own 96.85 percent of Go Air.
“As per the internal policy of SEBI, if one department of the regulator is investigating any case, then a related company which has filed for DRHP may not get approval for 90 days, which can be further extended by another 45 days,” a person familiar with the matter was quoted by moneycontrol.com as saying.
The website in a news report added that GoAir was trying to raise money at a time when the aviation industry is facing its most difficult challenge yet thanks to the pandemic. Cash flow from operations fell to Rs. 232 crore for the first nine months of FY21 from Rs. 1,738 crore in FY20.
As per the DRHP, the company made losses for the last four financial years. At the end of December 31, 2020, the company had net debt of Rs. 7346 crore and a negative net worth of Rs. 1,961 crore.
The company wants to use the IPO money to repay debt and replace letters of credit issued to certain aircraft lessors.