India’s Go First (GOW, Mumbai International) faces almost certain liquidation, with the Economic Times reporting key lenders are finalising preparations to put the liquidation option to the vote at an upcoming committee of creditors (COC) meeting. Two bids for what remains of it were below the lenders’ expectations, and ongoing negotiations with the bidders have not changed that. In an all-or-nothing play, the lenders believe they’ll get a better return pursuing a USD1 billion lawsuit against…

Source: ch aviation
Read more: Vote on future of India's Go First within days – report