The low-cost carrier had filed for bankruptcy after reporting | Mint Business News - Official Channel

The low-cost carrier had filed for bankruptcy after reporting loss due to "faulty" Pratt & Whitney engines that grounded about half its 54 Airbus A320neos.

https://www.livemint.com/news/india/go-first-airline-gets-nclt-bankruptcy-protection-what-does-it-mean-for-the-company-11683700433930.html