Go First CEO blames Pratt & Whitney for bankruptcy; sees huge potential to revive and operate again

Go Airlines CEO, Kaushik Khona, states that Go First has “a huge potential to revive and operate again very soon” and would do so if Pratt & Whitney honours their contract. The airline has lost almost $1 billion since June 2020 due to the aircrafts on the ground compensation caused by the absence of engines from the provider. Go First is not alone as every Indian airline has been suffering because of Pratt & Whitney’s performance.

More To Explore

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003