Defence Monitor

Go First

Go First Gone: 11th private airline to ‘drop’ out of skies in a decade

Go First Gone: 11th private airline to ‘drop’ out of skies in a decade

Mumbai, May 21 (IANS) The tottering Indian aviation sector hit fresh turbulence when early this month, another flourishing private airline was suddenly grounded owing to various problems, making it the 11th in a decade to �fall from the skies. Throwing their hands up, the Go First budget airline's owners -- the Wadia Group -- filed voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT) sending shockwaves through the entire airline industry. Go First was plagued by a peculiar problem -- the purported failure of the jet engine manufacturer, Pratt & Whitney, USA, to supply engines/spares for its aircraft that…
Read More