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P&W must supply 5 engines per month to Go First: SIAC
Mint Mumbai
|July 07, 2023
Both parties have also been directed to provide the tribunal with quarterly updates

In a respite for low-cost carrier Go First, which was forced to suspend operations due to delays in delivery of aircraft engines, the Singapore International Arbitration Centre (SIAC) has issued a directive to engine manufacturer Pratt and Whitney, instructing it to provide at least five engines every month to the airline, starting 1 August.
"The respondent must take all reasonable steps to release and dispatch to the claimant, without delay as they become available, five engines per month immediately after any engine becomes available, commencing, at latest, on 1 August 2023 and continuing through 31 December 2023, subject to further orders of this tribunal," it said in its order.
SIAC clarified that the order will not apply to any third-party engines where leases have been terminated before a moratorium was triggered on the airline’s assets, when it voluntarily filed for insolvency on 2 May.
यह कहानी Mint Mumbai के July 07, 2023 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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