BANGALORE: Go First Airlines (India) Ltd owner Wadia Group is completely committed to the airline and had no plans to exit it, the airline’s chief executive told Reuters in an interview on Wednesday.
His comments came a day after the cash-strapped Indian airline filed for bankruptcy, blaming “faulty” Pratt & Whitney (P&W) engines for the grounding of about half its fleet.
The insolvency proceedings were aimed at reviving the airline and not selling it, CEO Kaushik Khona said, confirming it had made all required payments to Pratt & Whitney.
The airline was also looking to dissuade lessors from taking action.
“The Indian…
