Go-First bankruptcy: Pratt & Whitney strikes back

Go-First bankruptcy: Pratt & Whitney strikes back

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Engine maker Pratt & Whitney is bucking Indian low-cost airline Go First's claims that it has gone bankrupt due to failed engines and delays in deliveries. The Americans launched a counterattack and pointed to the Indian carrier's payment arrears.

It's actually a tradition that Go First's money should only flow very slowly. Again and again, the Indian low-cost airline is said to have been in debt to Pratt & Whitney, including recently. The engine manufacturer also told local media that it feels committed to its customers and will continue to “prioritize delivery dates for all customers”. The “arbitration award of March 2023 in relation to Go First” is also complied with.

"Go First has a long history of defaulting on its financial obligations to Pratt & Whitney," the company said. It would definitely not be the first time that the Indian airline has had to be chased down to get money for engines supplied or services rendered. Agreed advance payments would have been very slow in the past.

On the part of Go First one sees the matter completely differently. In the bankruptcy application, Pratt & Whitney is downright responsible for the financial misery. It is claimed that around half of the fleet could no longer be used due to quality defects and delivery delays. However, there is no talk of arrears.

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Editor of this article:

Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Nobody likes paywalls
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If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

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