Wadia Group chairman Nusli Wadia has blamed Pratt & Whitney (P&W) for the grounding of Go First, which sought voluntary bankruptcy in May, pegging the damage caused to the airline because of the US company’s faulty engines at more than Rs10,000 crore, based on the calculations of global experts, says a report.
If Go Airlines closes, it would be the 12th Indian airline to do so this century, despite all having a vast and increasingly mobile population at their door.
The Scrap Heap of Billionaires' Failed Airlines Is Poised for Another Entry From India bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.