Bankruptcy protection granted to GoFirst airline – Times of India

New Delhi: An Indian tribunal on Wednesday granted bankruptcy protection go airlines (India) Ltd., a move that will help the country’s fourth-largest carrier in its effort to revive itself but complicate foreign lessors’ efforts to regain their planes.
low-cost carrier, recently rebranded as go firsthas said its financial woes were sparked by “faulty” Pratt & Whitney engines, which power about half of its 54 Airbus A320neos, The American engine maker, which is part of Raytheon Technologies, has called the claims without evidence.