India's Go Airlines seeks urgent bankruptcy protection

Without court order, lessors can seize planes and leave airline in worse shape

0508 GoAir

Go Airlines is calling on Indian authorities to give it urgent bankruptcy protection as lessors seek to repossess their planes. © Reuters

NEW DELHI (Reuters) -- Go Airlines on Monday called on India's company law tribunal to urgently grant its request for bankruptcy protection, as the aviation regulator stepped up pressure on the carrier to stop issuing new tickets and lessors sought to repossess planes.

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