Wednesday, May 10, 2023

Good airlines ‘should not be made to suffer due to financial mismanagement’ of Go First, says Pratt

New Delhi: The war of words between Go First and Pratt & Whitney has escalated sharply with the US aerospace major accusing the erstwhile Wadia Group airline of “financial mismanagement.” Go First has blamed the grounding of half of its fleet of Airbus A320neo for months due to PW’s inability to supply replacement engines as the reason for its cancelling all flights since May 3.

“Currently, Go First is seeking to jump the line for engines over other customers worldwide. Airline customers, who have been in good financial standing and compliant with contracts, should not be made to suffer due to the financial mismanagement and contractual violations of one particular airline,” say PW sources.

PW reiterated the efficiency of its GTF engines at a time when Tatas are to decide between CFM and PW for the 210 Airbus A320neos ordered by them this February. Also PW has to defend GTF engines for the sake of its customer airlines.

“It is important to understand that current supply chain issues, durability enhancements, the earlier upgrades made to the GTF, and a business dispute with GoFirst are separate. The GTF engine has 1,600 aircraft with 60 airline customers, and continues to deliver its promised fuel efficiency and emissions reductions, as we work to improve durability,” the PW spokesperson said.

A senior official of an Indian carrier said: “PW promised to save fuel and the environment, but now it should promise to save customer airlines also from going Go First way.”

PW spokesperson said: “GTF is the most efficient engine in the market and allows customers to enjoy fuel savings of 16% and 50% lower emissions. The fleet currently has a world-class engine dispatch reliability of 99.98% globally – and has given savings of more than $500 million to Indian carriers ($1 billion at current ATF prices).”

10/05/2023 Saurabh Sinha/Times of India

To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment