Vijay Mallya

Why airlines keep folding in India’s booming aviation market – Times of India

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[ad_1] MUMBAI: Go Airlines India Ltd this week became the latest victim in the battle of the skies over India. It isn’t the first high-profile carrier to fail and it won’t be the last. Buoyed by an emerging middle class hankering to fly, Indian airlines ordered billions of dollars worth of planes in the past … Read more

Go First has a history of missing financial obligations, says Pratt & Whitney – Times of India

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[ad_1] NEW DELHI: US aerospace major Pratt & Whitney (P&W) on Wednesday hit back at Go First with sources in the company saying that the airline “has a lengthy history of missing its financial obligations to Pratt”. P&W had been squarely blamed by Go First for running out of funds as it filed a voluntary … Read more