Go Airlines (India) Ltd will likely induct CFM engine-fitted Airbus A320 family aircraft when the bankrupt airline resumes flight operations as these have proven to be more reliable for the airline in the past, two people aware of the development said. “The airline is open to evaluating the CFM option, and preliminary discussions have taken place on the matter in view of the current scenario," one of the officials cited above said, requesting anonymity.
CFM engines are produced by CFM International, an equal joint venture between France’s Safran Group and General Electric Co. of the US.
Go First had a fleet of 54 aircraft when it suspended operations on 3 May. Of these, five A320ceos are run on CFM engines while US jet engine maker Pratt & Whitney (PW) powers the remaining 49 aircraft.
Not just Go First, IndiGo, in 2021, selected CFM’s LEAP-1A engines to power its fleet of 310 new Airbus 320 family aircraft due to issues with Pratt & Whitney engines.
Go Airlines filed for bankruptcy on 2 May, citing unsustainable financial health owing to engine issues. The company has blamed Pratt & Whitney for the conditions leading to its bankruptcy.
Esta historia es de la edición July 04, 2023 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 04, 2023 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
India in economic sweet spot, inflation to moderate: Moody's
India's economy is in a sweet spot and its inflation is expected to moderate despite a temporary spurt, Moody's said, projecting optimism about the country's growth prospects despite recent underwhelming data.
Incentive engine to drive modern ships
Subsidies for green, high-tech ships under ₹18,000 cr policy
Cement firms wage war on costs as competition soars
India's cement makers who once flexed their pricing muscles are caught in a bruising price war, eroding margins at a time of rising demand.
Saudi Arabia doesn’t have enough money for its futuristic city
The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed, and in recent days the world’s largest construction project replaced its chief executive of six years.
EV adoption is a marathon, not a sprint: Audi India
The slowdown in electric vehicle (EV) sales is temporary, and the industry will grow over time, Audi India head Balbir Singh Dhillon said, pointing to the need for extensive charging networks and supportive government policies.
India's trade gap with China soars in Apr-Oct
The country's green transition increases reliance on Chinese imports
14 nations eye India's generic drug model
Countries will specify their requirements, with HLL and MEA coordinating with them for the pharma exports
India urges $1.3 tn annual climate grant
Intervening on behalf of like-minded developing countries (LMDCs), India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal (NCQG) till 2030.
Over 600 mn cyberattacks daily, AI can secure devices
Microsoft is developing a password-free authentication process to eliminate the risk of breaches
Small businesses ramping up cybersecurity, thanks to AI
Rising AI adoption is helping cybersecurity providers hike their marketable base in India