Finshots Daily cover image

Go First joins India’s airline graveyard?

Finshots Daily

00:00

Go First's Debt Crisis

Go first had to fight for compensation and had to drag P&W to an emergency court Just to try to get some spare engines as a replacement. Even though P&W was ordered to provide 10 such engines by April 2023 it apparently never came through. So what's next for the beleaguered airline then? Well, theoretically the company has declared bankruptcy to buy itself some time It knows it can pay off the debts because half its fleet isn't flying anymore. But even that doesn't guarantee that go first will fly again despite a new buyer in the mix.

Play episode from 04:06
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app