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Grounded Go Air can fly in a week if planes not seized: CEO Kaushik Khona

Business Standard

By Ragini Saxena and P R Sanjai
 


Go Airlines India Ltd., which went under citing Pratt & Whitney engine failures, is optimistic about resuming flights within seven days if the bankruptcy court restrains lessors from taking back its aircraft.

 

The airline, controlled by billionaire Nusli Wadia’s group, has enough funds to sustain operations on a cash-and-carry model for about 10 days, Chief Executive Officer Kaushik Khona said…


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