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#724255
Sat 25 May 2024 10:25:AM
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Joined: Feb 2001
Posts: 381,904
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,904 |
GoAir ceased operations and may face liquidation following Nishat Pitti's bid withdrawal. The decision came after lessors reclaimed their grounded aircraft. Founder-CEO of EaseMyTrip, Pitti, withdrew the bid citing strategic priorities and unreimbursed tickets tied up with Go. The airline's downfall is attributed to faulty engines from Pratt & Whitney used in the Airbus A320 planes. Source: GoAir stares at liquidation now as Nishant Pitti withdraws revival bid
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