Mumbai: 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 Rs 10,000 crore, based on the calculations of global experts.
“Over the last two years, P&W’s inaction and contractual defaults irreparably financially damaged Go First, putting at risk several thousand employees and a national asset serving millions of passengers,” the reclusive Wadia told ET in an exclusive interaction. “Left with no options, Go was forced to file with NCLT (the National Company Law Tribunal), which passed an order for the revival of the airline as a going concern. Unfortunately, due to several legal interventions, despite Go First being poised for revival, its revival could not take place.”
