Go First grounds over a fifth of its planes on engine shortage - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Go First grounds over a fifth of its planes on engine shortage

The airline, which is considering an initial public offering, has grounded about a dozen of its 57 planes for weeks as it awaits delivery of the upgraded versions of the PW1100G geared turbofan engines which power the A320neo aircraft. Go First, previously GoAir, had sent the earlier engines to the American manufacturer in January and the upgraded versions were to be delivered in five months,

from Industry-Economic Times
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