Go First bankruptcy: Engine manufacturer claims ‘Airline has lengthy history of missing financial obligations’

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Go First bankruptcy: Engine manufacturer claims ‘Airline has lengthy history of missing financial obligations’


Image Source : @GOFIRSTAIRWAYS/TWITTER GO FIRST Airline

A day after India’s low-budget airline, Go First, filed for chapter blaming jet engine maker Pratt & Whitney (P&W), the US aerospace main hit again stating that the funds airline has a “lengthy history of missing its financial obligations.”

According to the sources of information company ANI, P&W claimed the airline has a lengthy history of missing its financial obligations to its plane manufacturer.

The essential assertion from P&W got here because the Indian ultra-low-cost airline primarily based in Mumbai accused Pratt & Whitney of not supplying engines. The airline claimed this prompted GO First to abruptly cancel its flights until May 5.

“Go First is facing financial crunch due to non-supply of engines by US-based jet engines manufacturer Pratt and Whitney (P&W) that has forced grounding more than 50 planes,” a Go First official advised the information company.

Will not remark additional: P&W

In an announcement, the US engine maker stated it was “committed to the success of our airline customers, and we continue to prioritise delivery schedules for all customers. P&W is complying with the March 2023 arbitration ruling related to Go First. As this is now a matter of litigation, we will not comment further.”

Amid the confusion, passengers who booked their tickets with the airways have been left within the lurch. Go First Airlines introduced that its flight operations will stay cancelled from May 3 to May 5 including {that a} full refund might be issued to the passengers.

DGCA fumes 

The official media account of Go First Airlines took to Twitter and stated, “Due to operational reasons, GoFirst flights for 3rd, 4th and 5th May 2023 have been cancelled. We sincerely apologise to our loyal customers. We assure you that we will be back with more information soon. A full refund will be issued through the original mode of payment shortly”.

Union Civil Aviation Minister Jyotiraditya Scindia stated that the Government of India has been helping Go First Airlines in each potential method however it’s incumbent upon the airline to make various journey preparations for passengers in order that they don’t face inconvenience.

(With inputs from company)

Also Read: Go First Airlines says all its flights to stay cancelled from May 3-5 | DETAILS

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