Skift Take
SpiceJet's bid to acquire GoFirst signals a strategic move to strengthen its market position. However, the carrier's own operational and financial hurdles may pose integration challenges.
Indian low-cost carrier SpiceJet on Tuesday officially confirmed its intent to bid for Go First, which filed for bankruptcy in May this year.
The airline expressed its interest in an exchange filing, stating that it has approached the Resolution Professional of Go First and intends to submit an offer after conducting due diligence. The goal is to “create a strong and viable airline in a possible combination with SpiceJet.”
However, SpiceJet itself has faced financial challenges and a surge in