Go First, the Wadia Group-owned carrier, has filed for bankruptcy stating that the ‘serial failure’ of Pratt & Whitney engines is to blame. The low-cost, no-frills airline said in a statement that it had lost Rs 10,800 in revenue due to the ‘defective’ engines provided by the Connecticut-based company
The quarter is just short of the best ever (Q4CY19), when 381 lakh passengers caught domestic flights. This comes in the wake of multiple challenges faced by airlines, including the grounding of planes.