SpiceJet reportedly interested in acquiring Go First

SpiceJet has reportedly expressed interest in acquiring Go First, it is learnt. It comes weeks after the deadline for making proposals passed and lenders started considering Go First’s liquidation.

Two more entities, Africa-focused Safrik Investments, and Sharjah-based aviation company, Sky One, too have expressed interest in Go First.

According to reports, the resolution professional (RP) who is managing Go First’s corporate insolvency resolution process (CIRP) received requests from these three entities in the past 10 days to conduct due diligence. As per reports, all of the three entities have sought an extension of the deadline.