Go First gets ECLGS boost; expects 16 new P&W engines in coming weeks
Go First, which is facing multiple headwinds, has received an additional Rs 400 crore under a government scheme and expects to operate more planes once it gets 16 new P&W engines in the coming weeks, according to officials.
The no-frills carrier has at least 25 planes on the ground, mainly due to the non-availability of Pratt & Whitney (P&W) engines that power its A320 fleet.
With many aircraft remaining non-operational, the airline is also grappling with flight delays and rescheduling of departure timings. Further, its On-Time Performance (OTP) has taken a beating.
A government official said the airline availed an additional Rs 400 crore under the Emergency Credit Line Guarantee Scheme (ECLGS) this month.
