MUMBAI- Despite its crisis, Bankrupt Go First (G8) is reportedly planning to introduce Airbus A320 family aircraft equipped with CFM engines once it resumes flight operations, according to sources cited in a media report.
The choice is based on the proven reliability of these engines for the airline in the past, as per Livemint.
Go First to Power Planes with CFM
Go First, currently undergoing a voluntary insolvency resolution process due to financial constraints, ceased flying on May 3.
In light of the ongoing situation, the airline is considering the CFM option and has engaged in preliminary discussions on this matter, as revealed by one of the officials familiar with the developments.
When Go First suspended its operations in May, it attributed its financial turmoil and subsequent bankruptcy to the US engine manufacturer Pratt & Whitney.
The carrier, owned by the Wadia Group, stated that the non-delivery of engines forced them to ground approximately half of their aircraft fleet, leading to a severe cash crunch and substantial revenue losses.
“Based on the airline’s past experience, CFM-powered aircraft have demonstrated reliability during flight operations.
They have proven more robust and dependable than Pratt & Whitney engines for Go First. Hence, the consideration of CFM engines,” shared a second source familiar with the situation with the publication.
CFM engines are manufactured by CFM International, an equally-owned joint venture between France’s Safran Group and General Electric Co. of the United States.
DGCA Conducting Audit
DGCA has commenced a special audit of Go First (G8)’s facilities as the airline seeks approval to resume operations. A team of DGCA officials initiated the audit in Mumbai on Tuesday, as confirmed by an executive from the airline.
The facilities audit will continue on Wednesday and on Thursday. Further, according to the executive’s statement to PTI, the regulator will conduct a similar assessment of Go First’s facilities in Delhi.
The executive further mentioned that the audit report is expected to be submitted by the regulator on Thursday itself.
Go First earlier suspended its flights on May 3. Subsequently, it has extended the cancellation of its flights until July 10, as announced on Tuesday.
Earlier on July 1, 2023, the DGCA announced that it will conduct a special audit of Wadia-owned Go First (G8).
The audit is scheduled to take place at Delhi and Mumbai Airports from July 4 to 6. Subsequently, it will primarily focus on safety-related aspects Further on the airline’s compliance with the requirements to hold an Air Operator Certificate (AOC).
It will involve a physical verification of the arrangements made by Go First for the resumption of flight operations.
This move comes as Go First aims to become the first major Indian carrier to resume operations under the country’s insolvency law. It is a feat yet to be achieved by Jet Airways (9W).
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