GoAir bid fails: EaseMyTrip CEO backs out ...Middle East

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GoAir bid fails: EaseMyTrip CEO backs out
  Following the deregistration of 54 aircraft of Go First by the Director General of Civil Aviation (DGCA), Nishant Pitti, the co-founder & CEO, EaseMyTrip, announced his withdrawal from the bid for the beleaguered airline on May 25. Pitti, a key bidder for Go First, cited the need to refocus on strategic priorities and initiatives aligned with the long-term vision and growth objectives of EaseMyTrip as the reason for his decision.Pitti, who was leading a consortium with SpiceJet MD Ajay Singh to revive the defunct airline, had submitted a bid through Busy Bee Aviation Pvt Ltd (BBAPL). BBAPL is a joint venture between Pitti and Ajay Singh, with Singh holding a significant stake in SpiceJet

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