India's Go First has been granted bankruptcy protection that will give it time to get back on its feet, but the move has put the country's fourth-largest airline at odds with lessors who want to repossess planes for missed rental payments.
Go First blames U.S. engine maker Pratt & Whitney for delaying engine supplies that led to the grounding of half its 54 Airbus A320neos. Pratt, part of Raytheon Technologies
, says the claim is without merit, and the two sides are waging legal battles in India, Singapore and Delaware. The dispute comes as Indian Prime Minister Narendra Modi touts the country's emergence as an aviation powerhouse.granted bankruptcy protection* Go First's voluntary pursuit of bankruptcy protection to renegotiate contracts and debt marks a first for an Indian airline. CEO Kaushik Khona has hailed the tribunal's decision as "historic".
* A resolution professional appointed to run Go Airlines has told staff in a townhall the airline needs to
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