Go First will temporarily suspend flights on May 3 and 4 amid severe fund crunch, the airline’s chief Kaushik Khona said on Tuesday. The airline has grounded 28 planes, more than half of its fleet, due to non-supply of engines by Pratt & Whitney (P&W), which has resulted in a fund crunch, he said.

Once the NCLT admits the application, the flights will be resumed, Khona said. “It is an unfortunate decision (filing for voluntary insolvency resolution proceedings) but it had to be done to protect the interests of the firm,” he said.