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#MarketsWithMC| Shares of InterGlobe Aviation, the operator of India's largest low-cost airline #IndiGo, rose by 6 % in morning trade today following the bankruptcy of #GoFirst.

Read more here πŸ‘‡
https://rb.gy/tw2d5
#EarningsWithMC | In early trading today, shares of #SpiceJet Ltd, rose over 5 % following the announcement that the company would borrow Rs 400 crore to repair 25 grounded aircraft. The decision to borrow funds came after #GoFirst filed for insolvency protection on May 2. ✈️

Read more here πŸ‘‡
https://rb.gy/1t9lc
What went so wrong suddenly, that one of #India’s largest #airlines #GoFirst had to file for #BANKRUPTCY - that too at a time when domestic air traffic is so high, & it’s peak #travel season? ✈️

Watch this video for the complete breakdown! πŸ‘‡
https://www.youtube.com/watch?v=0Qqkumsw9cA
#BreakingNews: Committee of Creditors of #GoFirst give green signal to around Rs 400 - Rs 450 crore interim funding to restart operations report Ashwin Mohan & Dinesh Unnikrishnan.

All eyes now on key DGCA nodπŸ‘‡
bit.ly/3CHVsY1