Go First has sought interim moratorium. Aircraft is its only asset. The company sees big scope of revival
In its petition in the Delaware Court, GoFirst said that between 2016 and February 2023, the airline carried out 289 Engine Changes and 221 Engine Swaps.
The quarter is just short of the best ever (Q4CY19), when 381 lakh passengers caught domestic flights. This comes in the wake of multiple challenges faced by airlines, including the grounding of planes.
The lessors have written to India’s aviation regulator about the payment delays and they could ask for deregistration of the aircraft as the next step.
GoFirst is looking to sue Raytheon Technologies, the parent company of Pratt & Whitney, and will seek compensation for the loss of business due to its grounded planes.
A senior government official told PTI that there are at least 25 aircraft each of IndiGo and Go First that are on the ground due to P&W engine problems.
Pratt & Whitney, which has resolved supply chain issues, is said to be keen to clear its backlog of engine deliveries by the end of this financial year.
The company, which provides aircraft engines to around 200 Airbus A320Neo flown by Go First and IndiGo, is aiming to clear its backlog of engine deliveries by end of FY2022-23. Over 50 aircraft of Go First and IndiGo have been grounded due to lack of engines and spare parts. IndiGo has begun leasing to meet demand, while Go First is struggling to meet capacity and maintain its schedule.
The situation has become very dire in the last few weeks with passengers in Bengaluru protesting against flight delays on November 13 and the Directorate General of Civil Aviation also saying that it will launch an investigation into the airline's operations.
DGCA had temporarily grounded Airbus A 320 Neos in early 2018, which was gradually lifted after Airbus and P&W assured of restoring the issues
The flight, which departed from Lucknow at around 5pm and was scheduled to land in Jaipur by 6.30pm, returned to Lucknow within 30-40 minutes of its departure due to engine vibration.
IndiGo Airline confirmed the incident but said that the "minor snag" in the engine was not related to the on-going Neo (new engine option) engine issues and the aircraft was put back into operations the same day.
IndiGo president and whole-time director Aditya Ghosh had during the post-Q1 earnings call on July 31 said that "regrettably, there have been days when we have had to ground as many as nine A320 Neo (planes) due to lack of spare engines.
IndiGo was scheduled to induct these planes in the fleet from December last year.
The Memorandum of Understanding (MoU) was signed between the state government and Carrier Airconditioning and Refrigeration Limited, a unit of Connecticut-based United Technologies Corporation for setting up the additional 8-acre plant.