scorecardresearch
Wednesday, July 23, 2025
TopicGo First

Topic: Go First

Go First suspends flight bookings till 15 May, DGCA orders timely refunds for passengers

DGCA says it examined Go First's response & is committed to minimising passenger inconvenience in view of abrupt decision to suspend scheduled operations without prior intimation.

After India’s Go First, Lufthansa grounds fleet due to issues with Pratt & Whitney engines

The cash-strapped Indian carrier, which has declared insolvency, has blamed the US firm’s ‘faulty engines’ for its woes.

Go First crisis could drive up airfares, be ‘silver lining’ for rival airlines

As aviation stocks soar after Go First's 'surprise' decision to file for bankruptcy, experts say move expected to significantly benefit other players such as Indigo, SpiceJet & Air India.

Engine troubles to Covid: what led to Go First, India’s third-largest airline, bankruptcy

The company's ultra-low-cost model & near-total reliance on one aircraft type helped it make money, until engine issues worsened & it reported heavy losses in the last 3 years.

Go First customers, employees left in the lurch as flights remain grounded

Twitter handle of airline shows a flood of queries related to status of flights from 6 May onwards as well as refund process & timelines. Employees worried about their future.

US engine-maker flags Go First’s ‘lengthy history’ of non-payment after being blamed for insolvency

Low-cost carrier Go First on Tuesday alleged it had to ground 25 aircraft or about 50% of its Airbus A320neo aircraft fleet — as of 1 May — due to issues with Pratt & Whitney engines.

IndiGo shares surge over 8% after smaller rival Go First files for bankruptcy

Cash-strapped airline Go First filed for bankruptcy on Tuesday, blaming ‘faulty’ Pratt & Whitney engines for grounding of about half its fleet and taking lenders by surprise.

Go First owes financial creditors around Rs 6,528 crore, bankruptcy filing shows

The airline's total liabilities to all creditors stand at 114.63 billion rupees, the filing shows. This includes dues to banks, financial institutions, vendors and aircraft lessors.

Go First files for insolvency, blames ‘failing engines’ supplied by Pratt & Whitney

Go First says its promoters have infused Rs 6,500 crore in airline since its inception & it has sought compensation of Rs 8,000 crore from engine maker Pratt & Whitney.

Go First suspends flights for 3, 4 May due to severe cash crunch, files for insolvency proceedings

The airline was seeking to raise funds and conglomerate Wadia Group was reported to be in talks to either sell a majority stake or completely exit its shareholding.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.