The airline is conducting large-scale recruitment drives to hire around 1,000 pilots.
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Go First has now suspended flights until May 9th.
The carrier expected a 9.3% domestic market share and just 1.5% internationally.
Budget carrier Go First filed for voluntary insolvency on Tuesday following an announcement that it would "temporarily" suspend flights from May 3.
The airline is currently going through a rough patch.
The airline is facing operational issues due to grounded fleet.
Around 60 Airbus A320s are grounded in India due to a lack of engines and spares.
The airline reportedly owes millions in lease payments.
The airline has been banned from operating any flight from Delhi airport for two hours on April 1st.
The airline has suffered business losses due to its grounded fleet.
Go First has been fined thousands of dollars for violating aviation regulations, leading to the airline stranding dozens of passengers.
Reportedly, more than 50 passengers were waiting to board the plane.
Indian carriers are increasingly witnessing inappropriate passenger behavior onboard.
The budget carrier will use the money to keep operations smooth and running.
Go First is connecting three hubs to Goa's new airport.
The carrier is looking to iron out its current issues.