scorecardresearch
Friday, March 29, 2024
Support Our Journalism
HomeIndiaIndia aviation watchdog puts jet repo request from Go First lessors on...

India aviation watchdog puts jet repo request from Go First lessors on hold

Follow Us :
Text Size:

New Delhi: India’s aviation watchdog has put on hold requests from lessors to repossess planes from airline Go First as the carrier’s bankruptcy process imposes a freeze on assets which supersedes such requests, it said in a court filing.

Go Airlines (India) Ltd filed for bankruptcy protection blaming “faulty” Pratt & Whitney engines for the grounding of about half its 54 Airbus A320neos. Pratt, part of Raytheon Technologies, says the claims are without evidence.

In granting protection, the Indian tribunal ordered a freeze on Go First’s assets even though some lessors had already terminated leases and placed requests with the aviation regulator to repossess more than 40 planes.

(Reporting by Aditya Kalra in New Delhi; editing by Jason Neely)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.


Also read: DGCA to audit Go First’s preparedness before restarting operations


 

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular