Moneycontrol PRO
HomeNewsBusinessGO FIRST inducts 55th Airbus A320neo aircraft to its fleet

GO FIRST inducts 55th Airbus A320neo aircraft to its fleet

The no-frills carrier has been tackling multiple challenges including having around 25 aircraft grounded, mostly because the Pratt & Whitney (P&W) engines that power its A320 fleet are not available.

November 30, 2022 / 16:25 IST

GoFirst inducted its 55th Airbus A320 neo on November 30, increasing its total fleet to now comprises of 60 aircraft, of which 55 are A320neo and 5 are A320ceo.

The airline has taken delivery of one A320neo each in September, October, and November and another such aircraft is due to arrive this month and another in December. The airline has placed an order for 144 aircraft with Airbus.

Earlier this week, GoFirst secured an additional Rs 400 crore under the government's Emergency Credit Line Guarantee Scheme.

Go First, which can take up to Rs 1,500 crore under the scheme, has so far availed at least a total of Rs 800 crore.

Go First has also received confirmation from Pratt and Whitney of the delivery of serviceable engines soon and the same will be immediately put into service within December 2022.

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

"With the induction of many serviceable engines, GO FIRST expects to increase the frequency and number of flights to provide improved connectivity to its passengers and to regain its market share," the company said in a press release.

With several aircraft non-operational, the airline is also grappling with flight delays and rescheduling of departure times. In addition, its on-time performance (OTP) has also taken a hit.

Several passengers have taken to social media to express their grievances over flight delays and cancellations by the airline.

A senior official of the Directorate General of Civil Aviation (DGCA) said it has rules to deal with delays and cancellations, which will be strictly enforced.

“If any airline is not respecting the rules, we will take steps and ensure redressal,” the official said. In October, the carrier’s market share declined to 7 percent, while OTP stood at 60.7 percent. As per official figures, it carried 8.02 lakh passengers last month. Its market share in September was 7.9 per cent.

Moneycontrol News
first published: Nov 30, 2022 04:25 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347