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Indian airline Go First declares bankruptcy and places the blame on this company.

India Changes Airline Bankruptcy Rules, in wake of jet leasing dispute

The Wadia group Go First announced on Tuesday that it has filed for insolvency resolution because it is unable to pay its debts and that 50% of its fleet has been grounded due to “faulty engines” manufactured by US firm Pratt & Whitney. According to CEO Kaushik Khona, the airline has requested voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT).

Many aircraft from Go First and Indigo have also grounded a few months ago due to problems with the engine supply chain. Since Indigo was having similar problems, it was a wise decision for it to switch to CFM engines. In order to power its fleet of 310 brand-new Airbus A320neo, A321neo, and A321XLR aircraft, IndiGo has chosen CFM International LEAP-1A engines. This contract includes 620 newly installed engines, 620 spare engines, and a lengthy, multi-year service contract, and 620 newly installed engines.

After Go First made the decision to cancel flights for three days, the aviation regulator DGCA has given the airline a show cause notice. The airline has been ordered to submit information on the measures taken to lessen the inconvenience to passengers who had tickets for the canceled flights, as well as a plan of action to operate flights in accordance with the authorized schedule beginning on May 5, 2023.

The foremost low-cost airline in India, Go First, holds a significant market share in the aviation sector and runs domestic and international flights. The airlines suffered significant losses as a result of the engine problems, leaving them with inadequate funds to run their operations.

In a statement regarding its bankruptcy filing, the airline stated: “Go First has had to take this step as a result of the steadily rising number of failing engines supplied by Pratt & Whitney’s International Aero Engines, LLC, which has resulted in Go First having to ground 25 aircraft (equivalent to roughly 50% of its Airbus A320neo aircraft fleet) as of 1 May 2023. As a result of Pratt & Whitney’s defective engines, more aircraft will be grounded, increasing the rate from 7% in December 2019 to 50% in December 2022. This is true even though Pratt & Whitney has consistently broken promises it has made over the years.

As of March 31, Go First had grounded 30 aircraft, according to industry officials. There are nine aircraft in this number for which lease payments are required. Go First has 61 aircraft in its fleet, including 56 A320neos and five A320ceos, according to the airline’s website. There is a loss of passenger revenue when airfares are expensive and traffic is at an all-time high as a result of the outbreak. With the current summer schedule, the airline expects to operate 1,538 flights per week, which is 40 fewer than in 2017. The season currently underway started on March 26 and will end on October 28.



Boeing Transfers Rocket Stage to NASA, Paving Way for Human Moon Mission

Boeing Transfers Rocket Stage to NASA, Paving Way for Human Moon Mission

Boeing has achieved a significant milestone by providing NASA with the second core stage of the Space Launch System (SLS) rocket.

This crucial component, crafted at NASA’s Michoud Assembly Facility (MAF), is set to propel the Artemis II crew into lunar orbit, marking humanity’s return to deep space after a 50-year hiatus.

The monumental Boeing-built rocket stage, the largest element of the Artemis II mission, will embark on a journey aboard the Pegasus barge, traveling 900 miles to NASA’s Kennedy Space Center.

Comparison of two legendary aircraft B777x vs B747 aircraft:Click here

Upon arrival, it will be meticulously integrated with other essential Artemis II components, including the upper stage, solid rocket boosters, and NASA’s Orion spacecraft within the iconic Vehicle Assembly Building. This intricate integration process is a vital step toward the eagerly anticipated Artemis II launch, slated for 2025.


Boeing-built products helped land humankind on the moon in 1969, and we’re proud to continue that legacy through the Artemis generation,” remarked Dave Dutcher, vice president and program manager for Boeing’s SLS program. “Together, with NASA and our industry partners and suppliers, we are building the world’s most capable rocket and paving the way to deep space through America’s rocket factory in New Orleans.”

NASA, Lockheed Martin Reveal X-59 Quiet Supersonic Aircraft:Click here

The delivery of Core Stage 2 marks a significant achievement in the evolution of the SLS rocket. Towering over 200 feet and powered by four RS-25 engines, this core stage, coupled with two solid-fueled booster rockets, will generate a staggering 8.8 million pounds of thrust. This immense power is crucial to launching Artemis II and future missions into the vast expanse of space.

The SLS rocket stands unparalleled in its capability to transport both crew and substantial cargo to the moon and beyond in a single launch. Its extraordinary capacity will facilitate the delivery of human-rated spacecraft, habitats, and scientific missions to destinations including the moon and Mars, ushering in a new era of space exploration.

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