Domestic air passenger traffic to expand 8-13% each in FY24 & FY25: ICRA
The aviation industry is estimated to report a similar net loss of ₹3,000-5,000 crore in FY25 as well, says ICRA
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June 2019
Pratt & Whitney engine issue: IndiGo to ground over 30 aircraft
The airline says that it remains confident in meeting its long-term capacity guidance.
DGCA allows Go First to resume flights with riders
DGCA says Go First must subject “every aircraft to a satisfactory handling flight prior to deployment for flight operations"
Go First has 'no rights' over engines: Pratt & Whitney tells Delaware Court
Go First said that Pratt & Whitney's failure to provide engines led to the grounding of close to 50% of its A320 neo fleet and cost the airline ₹10,800 crore in revenues and additional expenses.
NCLT principal bench to hear Go Air insolvency plea today
The Wadia group-owned Go First moved to the NCLT on Tuesday, seeking voluntary insolvency resolution proceedings.
GoFirst goes bust as debt piles up to over ₹3,500 crore
Wadia-owned low-cost carrier files for insolvency amid delays in fund infusion
Go First files for bankruptcy, blames Pratt & Whitney's 'failing' engines
The airline says it lost ₹10,800 crore in revenue due to 'defective' engines supplied by Pratt & Whitney.
IndiGo signs $20 billion engine deal
To power the remaining 280 Airbus A320neo and A321neo aircraft it has on order, IndiGo dumps Pratt & Whitney for rival CFM International’s LEAP-1A engines.
