The #WadiaGroup-backed airline #GoAir had filed for #insolvenc | Mint Business News - Official Channel

The #WadiaGroup-backed airline #GoAir had filed for #insolvency on 2 May citing financial losses to the tune of ₹10,800 crore in revenues and additional expenses due to faulty engines supplied by Pratt & Whitney.

Read here: https://www.livemint.com/companies/news/nclt-admits-go-air-insolvency-plea-moratorium-kicks-in-11683699511694.html