Wadia Group budget carrier Go First on Tuesday filed an application for beginning voluntary insolvency resolution proceedings with the National Company Law Tribunal (NCLT). The airline, which has been driven to the verge of collapse by Pratt & Whitney’s (PW) inability to supply engines leading to half of Go fleet being grounded for months, made this announcement after suspending all operations on Wednesday and Thursday (May 3 and 4).
Like this:
Like Loading...
Related
Author:
AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.