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‘Airlines still emerging from the blow of covid pandemic’

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₹450 crore, potentially paving the way for the grounded airline to resume operations. However, the fleet of the airline has been inactive since 3 May, concerning community of aircraft lessors. “So, almost all airlines are facing the same challenges across different engine platforms.

It is a tricky environment for airlines today they come out of covid fairly heavily leveraged it is very competitive and they now have new aircraft that they desperately want in order to reduce their operating cost but the engines are not operating at a level they want them to," Ireland-based Avolon Chief Commercial Officer Paul Geaney said. “I think that challenge exists for airlines in any market and so I think to frame a failure a failure of an airline around that is not the whole picture," Geaney said.

In its latest plan submitted to the Directorate General of Civil Aviation (DGCA), the airline said it could start with 22 aircraft and 150 daily flights.

According to DGCA’s data for April, Go First had a 6.4% share in the domestic market and carried 829,000 passengers. It also remains to be seen what resolution plan is decided with Pratt & Whitney to service the engines of its grounded fleet..

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