Go First touts owner, govt backing after bankruptcy filing
BENGALURU: The owner of Go First has no plans to exit the budget carrier after engine troubles forced it into bankruptcy, the airline’s CEO told Reuters on Wednesday, as frustrated flyers complained of abrupt flight cancellations.
India’s third-largest airline, which recently rebranded as Go First, filed for bankruptcy on Tuesday, blaming Pratt & Whitney’s “faulty” engines, which it uses on its Airbus 320 neo aircraft.
The collapse of the first Indian airline since Jet Airways in 2019 comes amid fierce competition in the sector led by its largest rival IndiGo and Tata Group-owned Air India, as passenger traffic roars back after the pandemic.
