Go Airlines India Ltd., which went under citing Pratt & Whitney engine failures, is optimistic about resuming flights within seven days if the bankruptcy court restrains lessors from taking back its aircraft. The airline, controlled by billionaire Nusli Wadia’s group, has enough funds to sustain operations on a cash-and-carry model for about 10 days, Chief Executive Officer Kaushik Khona said …
Go First chief Kaushik Khona has told employees that the airline has been crippled by recurring Pratt & Whitney engine troubles and assured that the carrier is doing everything possible to navigate the situation with utmost care and concern for all staff. “With that, the airline would have had all its A320 neo aircraft operational by August/September 2023. unfortunately, Pratt …
Wadia group-owned Go First expects to receive ₹210 crore under the government's credit line guarantee scheme next month as the budget airline seeks to boost its financial position and expand operations. The airline, which received ₹210 crore from the promoters last month, aims to have 53 operational aircraft in its fleet by the start of April this year, its CEO …
