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Grapevine: GoFirst may get bid from former promoter; Bain looking at ice cream deal

Grapevine: GoFirst may get bid from former promoter; Bain looking at ice cream deal

11 Jul 2023

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Grapevine: GoFirst may get bid from former promoter; Bain looking at ice cream deal

The tail fins of Go First airline, formerly known as GoAir, passenger aircrafts are seen parked on the tarmac at the airport in New Delhi | Credit: Reuters

Bankrupt carrier GoFirst, which is in talks with a slew of private equity and alternative investment funds for a rescue after filing for insolvency, is now likely to receive a bid from its former promoter, a media report noted, citing people close to the development. The grounded airline is likely to ......