{"id":573893,"date":"2023-05-03T09:09:33","date_gmt":"2023-05-03T03:39:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=573893"},"modified":"2023-05-03T09:39:33","modified_gmt":"2023-05-03T04:09:33","slug":"go-first-in-a-tailspin-files-for-insolvency-blames-pw-engines","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-first-in-a-tailspin-files-for-insolvency-blames-pw-engines\/","title":{"rendered":"Go First in a tailspin, files for insolvency; blames P&amp;W engines"},"content":{"rendered":"<p>Wadia-owned Go First on Tuesday filed for insolvency, driven by a cash crunch that resulted from the grounding of nearly half its 57 aircraft. <\/p>\n<p>The airline squarely blamed engine manufacturer Pratt &amp; Whitney for the step and suspended all flights till Thursday. <\/p>\n<p>Bankers to the company will hold a meeting on Wednesday for a review and discuss steps to be taken. <\/p>\n<p>For the past few days, the airline has been flying around 200 flights daily, carrying 25,000-30,000 passengers a day. <\/p>\n<p>The Directorate General of Civil Aviation has issued a show-cause notice to the airline for non-intimation about flights cancelled on May 3 and 4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wadia-owned Go First on Tuesday filed for insolvency, driven by a cash crunch that resulted from the grounding of nearly half its 57 aircraft. The airline squarely blamed engine manufacturer Pratt &amp; Whitney for the step and suspended all flights till Thursday. Bankers to the company will hold a meeting on Wednesday for a review and discuss steps to be taken. For the past few days, the airline has been flying around 200 flights daily, carrying 25,000-30,000 passengers a day. The Directorate General of Civil Aviation has issued a show-cause notice to the airline for non-intimation about flights cancelled on [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-573893","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/573893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=573893"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/573893\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=573893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=573893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=573893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}