New Delhi, 14/8: Go First’s resolution professional is seeking an urgent Rs 100 crore funding from the lenders of the cash-strapped airlines, The Economic Times reported on Monday. The sum, as per the report, is being sought to help the currently-grounded airlines.
“The funds are required to cover critical expenses such as insurance and repairs, essential to sustain operations. The RP has requested banks for funds based on their voting share within the CoC.” one of the sources told the publication.