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2023

Go First denies report of promoters mulling to exit business despite cash burn

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Go First, which made its highest annual financial loss to date in FY22, has been tackling huge operational issues in the past few months as half of its aircraft have been grounded due to supply chain disruptions pertaining to Pratt & Whitney (P&W) jet engines. However, Go First airlines has denied reports that Wadia group, which owns the Indian loss-making budget carrier, seeks to exit the aviation business to stop burning money.



Moscow.media
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