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Transcripts for BBCNEWS Asia Business Report 20240604 00:35:00

by pratt & whitney, and most of those have been faulty. company says the engine supplier refused to comply with an order to release engines or even supply serviceable spares. with further engine failure expected in the next three to four months, airline operations will be made unviable. it has, in fact, also filed a complaint in a us court against the engine maker. now, with almost half its fleet unavailable, it has meant frequent flight cancellations. it has meant a drop in share in the indian aviation market, which has seen fierce competition and new players. airline says it has lost over $1.3 billion. some of its planes have been repossessed by lessors on non payment of dues. it may be facing fuel payment issues as well since it was moved to cash and carry by oil companies. local reports say the airline has cancelled most of its flights for the next three days, starting third of may. the airline is owned by a prominent corporate family, the wadia group here in india. and in fact, la

Company
Engines
Pratt-whitney
Fact
Airline-operations
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Faulty
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Ispares
Unviable
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Transcripts for BBCNEWS Asia Business Report 20240604 01:35:00

by pratt & whitney, and most of those have been faulty. company says the engine supplier refused to comply with an order to release engines or even supply serviceable spares. with further engine failure expected in the next three to four months, airline operations will be made unviable. it has, in fact, also filed a complaint in a us court against the engine maker. now, with almost half its fleet unavailable, it has meant frequent flight cancellations. it has meant a drop in share in the indian aviation market, which has seen fierce competition and new players. airline says it has lost over $1.3 billion. some of its planes have been repossessed by lessors on non payment of dues. it may be facing fuel payment issues as well since it was moved to cash and carry by oil companies. local reports say the airline has cancelled most of its flights for the next three days, starting third of may. the airline is owned by a prominent corporate family, the wadia group here in india. and in fact, la

Pratt-whitney
Company
Engines
Airline-operations
Order
Engine-failure
Faulty
Most
Ispares
Unviable
Four
Three

Transcripts for BBCNEWS World Business Report 20240604 04:50:00

been faulty, they say the engine supplier refused to comply with an audit but further intonation failure expected airline operations will be made unviable. it has filed a complaint to the us court against the engine maker. half its fleet has been unavailable it is meant flight cancellations and a drop object in the indian aviation market which has seen fierce competition and new players. it says had it has lost over $1 billion, it may be facing few payment issues as well since it was moved to cash and carry. local reports say the airline has cancelled most of its flight for the next three days starting third of may. the airline is owned by prominent corporate family in india, and last year they were looking and talking to possible investors to sell stakes and oh raise funds owing to the crunch. is

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Unviable
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Competition
Court

Transcripts for BBCNEWS Asia Business Report 20240604 23:35:00

are powered by engines exclusively supplied by pratt and whitney, and most of those have been faulty. company says the engine supplier refused to comply with an order to release engines or even supply serviceable spares. with further engine failure expected in the next three to four months, airline operations will be made unviable. it has, in fact, also filed a complaint in a us court against the engine maker. now, with almost half its fleet unavailable, it has meant frequent flight cancellations. it has meant a drop in share in the indian aviation market, which has seen fierce competition and new players. airline says it has lost over $1.3 billion. some of its planes have been repossessed by lessors on nonpayment of dues. it may be facing fuel payment issues as well since it was moved to cash and carry by oil companies. local reports say the airline has cancelled most of its flights for the next three days, starting third of me. days, starting third of may. the airline is owned by a p

Pratt-whitney
Engines
Company
Order
Engine-failure
Faulty
Most
Ispares
Us
Fact
Complaint
Airline-operations

Transcripts for BBCNEWS BBC News 20240604 17:43:00

need to focus our resources, focus our generosity and compassion on the world s truly most vulnerable people, that s what i want to do. i think that s what the vast of the country wants to do, and that s not possible at the moment because we are overwhelmed by people breaking the laws, and that s not right, and that will change. next, sky news. thank you, prime minister. five years thank you, prime minister. five years ago. thank you, prime minister. five years ago, the venn home secretary, sa id years ago, the venn home secretary, sajid javid, years ago, the venn home secretary, sajidjavid, said years ago, the venn home secretary, sajid javid, said he would make this unviabte sajid javid, said he would make this unviable. since then, we ve seen tens unviable. since then, we ve seen tens of unviable. since then, we ve seen tens of thousands of people in the last five tens of thousands of people in the last five years where do you think your predecessors went wrong, and why

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