By FMTeam Many of you may remember that just two years ago, Go First was a full-fledged airline in India, which was handling not just domestic but international flights as well. But today, we’re here to get to know it a little better, like Go First Net Worth, Owner, CEO, Head Office, and things like that.
| Company name | Go Airlines (India) Limited |
| Establishment year | 2005 |
| Head office | Mumbai |
| Owner / Founder | Founder and key promoter: Jehangir (Jeh) Wadia |
| CEO name | No active CEO in the usual sense due to liquidation |
| Industry | Aviation |
| Number of employees | 1,001 to 5,000 range |
| Net worth / Market capitalisation | No public market capitalisation |
| Total revenue in 2024 / 2025 | Not available; the airline stopped operations in May 2023 |
About Go First (Company Profile)
We get it, many of you may already know facts like Go First used to be a budget airline in India and was a part of the big Wadia Group, the same family that is behind brands like Britannia and Bombay Dyeing. When did it start, though? Oh, the airline commenced its flights in November 2005 and was initially called GoAir. And talking about their head office, it has always been down there in Mumbai, from the very start.
Net Worth
There has never been an official public market valuation for Go First as it was not listed on the stock exchange, and now, there is no market cap number as well since it is all shut down now. So, we can’t help much in that regard; that’s just how it is.
Current Status Of Go First (What Happened?)
Oh, well, you’d remember that Go First abruptly ceased all flights on 3 May 2023. Why? Actually, the day before, on 2 May 2023, the carrier declared bankruptcy as a result of a dire financial situation. The largest single cause of the whole thing was the heavy engine problems that made a large number of their planes unusable, and the firm didn’t have the money to get back on its feet.
There were a number of people, such as Ajay Singh of SpiceJet and Busy Bee Airways, who were willing to bring back the airline. And? Actually, nothing worked out so far.