New Delhi/Bangalore: go airlines On Monday, the Company Law Tribunal of the country was asked to pass an immediate order on this. bankruptcy The petition cited efforts by the lessors to take back the planes, according to the court hearing.
The push comes less than a week after the cash-strapped Indian airline filed for bankruptcy, blaming “faulty” Pratt & Whitney engines for the grounding of nearly half its fleet.
on Monday, go first The lawyers asked the tribunal to immediately pass an order on the airline’s bankruptcy plea, saying that while the bankruptcy proceedings were underway, its lessors had moved to take back the planes.
Meanwhile, Pratt & Whitney told a New Delhi arbitrator hearing its dispute with Go that the Indian airline’s claim of its death due to a faulty engine was “surprising” and without evidence. Pratt failed because of “his own poor management and events like Covid,” according to legal documents.
The collapse of Go marked the first major airline collapse in India since the full-service carrier jet airways Filed for bankruptcy in 2019.
Go First’s total debt to financial creditors stood at 65.21 billion Indian rupees ($798 million) as of April 28, it said in an earlier bankruptcy filing with the National Company Law Tribunal.
The push comes less than a week after the cash-strapped Indian airline filed for bankruptcy, blaming “faulty” Pratt & Whitney engines for the grounding of nearly half its fleet.
on Monday, go first The lawyers asked the tribunal to immediately pass an order on the airline’s bankruptcy plea, saying that while the bankruptcy proceedings were underway, its lessors had moved to take back the planes.
Meanwhile, Pratt & Whitney told a New Delhi arbitrator hearing its dispute with Go that the Indian airline’s claim of its death due to a faulty engine was “surprising” and without evidence. Pratt failed because of “his own poor management and events like Covid,” according to legal documents.
The collapse of Go marked the first major airline collapse in India since the full-service carrier jet airways Filed for bankruptcy in 2019.
Go First’s total debt to financial creditors stood at 65.21 billion Indian rupees ($798 million) as of April 28, it said in an earlier bankruptcy filing with the National Company Law Tribunal.