Go First has lengthy history of missing financial obigations, says Pratt & Whitney official
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Go First Airlines has lengthy history of missing financial obigations, says Pratt & Whitney official

Pratt & Whitney responded to Go First Airline’s claims that its failure to provide engines contributed to the airline’s bankruptcy.

Wednesday, Pratt & Whitney responded to Go First Airline’s claims that its failure to provide engines contributed to the airline’s bankruptcy. The engine manufacturer stated its commitment to meeting delivery deadlines and emphasized Go First’s history of failing to meet financial obligations.

According to a statement released by Pratt & Whitney, the company is committed to the success of its airline customers and continues to prioritize delivery schedules for all customers. P&W complies with the Go First arbitration ruling from March 2023. As this is currently a subject of litigation, we will have no further comment.

“Go First has a lengthy history of missing its financial obligations to Pratt,” Pratt and Whitney officials told the media.

Cash-strapped Indian airline Tuesday, Go First Airways submitted a voluntary insolvency resolution petition to the National Company Law Tribunal (NCLT). Tuesday, Go First Airways informed the Directorate General of Civil Aviation (DGCA) that all of its flights on May 3, May 4, and May 5 will remain canceled.

Due to the increasing number of failing engines furnished by Pratt & Whitney’s International Aero Engines, the airline stated in its filing that 25 A320neo jets were grounded.

Go, which is owned by the Indian conglomerate Wadia Group, also claimed that Pratt had refused to comply with an emergency arbitrator’s order to deliver at least 10 functional engines by April 27 and an additional 10 per month until December 2023.

Also read this:Narwal panics following petrol pump blast in Jammu.

The airline also stated that it is “no longer in a position to continue to meet its financial obligations.” The carrier filed a petition to enforce the arbitration awards in a Delaware court.

 

 

Written by Ajit Karn

Ajit Karn is blogger and writer, he has been writing for several top news channels since a decade. His blogs & notions have quality contents.

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