Business Standard

Page 2 - Pratt & Whitney

AWG's warning to India is to influence NCLAT ahead of hearing: Wadia Group

The recent action of issuing a "watch list notice" by AWG (Aviation Working Group) is laced with double standards, a spokesperson with the Wadia Group which owns the struggling airline Go First, said on Sunday.AWG should focus on ensuring that its own members abide by international arbitration awards rather than issuing threatening watch list notices to India and quoting the Cape Town Convention (CTC) to influence the proceedings currently being heard in the National Company Law Appellate Tribunal (NCLAT), the Wadia Group spokesperson said further.The Wadia Group spokesperson also advised the AWG to first address the root cause by advising Pratt & Whitney to comply with the law and abide by the award issued by the emergency arbitrator appointed in accordance with the 2016 Arbitration Rules of the Singapore International Arbitration Centre (SIAC) to which, Pratt and Whitney voluntarily submitted themselves.The membership of AWG constitutes companies like Airbus, Boeing, Pratt ...

AWG's warning to India is to influence NCLAT ahead of hearing: Wadia Group
Updated On : 15 May 2023 | 7:33 AM IST

Pratt & Whitney faces higher risks after Go First filed for bankruptcy

NEW YORK/BENGALURU (Reuters) -Pratt & Whitney on Thursday opposed Go Airlines (India) Ltd's push to enforce an arbitration ruling in an engine dispute, with the U.S. company arguing in a Delaware court that the Indian airline's bankruptcy filing has raised risks for it.

Pratt & Whitney faces higher risks after Go First filed for bankruptcy
Updated On : 12 May 2023 | 12:23 PM IST

Pratt & Whitney to oppose Go First's push to enforce arbitration against it

Go First approached the Delaware court after it won an arbitration order in Singapore against Pratt & Whitney, which it said failed to supply engines on time

Pratt & Whitney to oppose Go First's push to enforce arbitration against it
Updated On : 10 May 2023 | 9:49 AM IST

A P&W story: From giving wings to aviation in India to Go First grounding

The celebrated engine-maker has landed in a controversy with Go First blaming it for its bankruptcy

A P&W story: From giving wings to aviation in India to Go First grounding
Updated On : 08 May 2023 | 2:14 PM IST

Top 5 headlines: Fed hike, Ajay Banga to become World Bank president & more

Business Standard bring you top news headlines at this hour

Top 5 headlines: Fed hike, Ajay Banga to become World Bank president & more
Updated On : 04 May 2023 | 9:15 AM IST

Wadia Group not exiting; some people have shown interest in Go First: CEO

On Tuesday, Go First filed for bankruptcy with the National Company Law Tribunal, blaming Pratt & Whitney engines for the grounding of about half its fleet

Wadia Group not exiting; some people have shown interest in Go First: CEO
Updated On : 03 May 2023 | 11:58 AM IST

Go First has history of missing financial obligations: P&W on allegations

In its insolvency filing, Go First said that the 'ever-increasing number of failing engines supplied by Pratt & Whitney's international Aero Engines' led to the grounding of 25 of its A320 neo jets

Go First has history of missing financial obligations: P&W on allegations
Updated On : 03 May 2023 | 10:22 AM IST

Go First cut flights even after Centre removed Covid-19 pandemic cap

IndiGo, which was also hit by engine woes, carried out more flights

Go First cut flights even after Centre removed Covid-19 pandemic cap
Updated On : 02 May 2023 | 9:50 PM IST

Go First Airways files for insolvency, blames Pratt & Whitney engines

Aviation regulator DGCA on Tuesday issued a show cause notice to Go First after the airline decided to cancel flights for two days amid a severe financial crunch

Go First Airways files for insolvency, blames Pratt & Whitney engines
Updated On : 02 May 2023 | 5:47 PM IST

Go First may take legal action against Pratt & Whitney over engine issues

IndiGo is the only other Indian airline that uses PW engines on its A320 planes

Go First may take legal action against Pratt & Whitney over engine issues
Updated On : 09 Mar 2023 | 10:00 PM IST

Go First may sue Pratt and Whitney over reliability issues in their engines

Go First asked for compensation for the malfunctioning engines that resulted in business losses, PW refused to pay the money, which resulted in a violation of the contractual agreement

Go First may sue Pratt and Whitney over reliability issues in their engines
Updated On : 09 Mar 2023 | 1:25 PM IST

Three women pilot global aircraft engine maker Pratt and Whitney in India

A glance of the International Women's Day programme to be held at Indian Institute of Science (IISc) on Wednesday shows two women piloting the course of global aircraft engine maker Pratt & Whitney in India.

Three women pilot global aircraft engine maker Pratt and Whitney in India
Updated On : 07 Mar 2023 | 5:43 PM IST

Pratt & Whitney opens India Engineering Center facility in Karnataka

The new IEC facility is co-located with Pratt & Whitney's India Capabilities Centre (ICC), which opened in 2022 to provide integrated global supply chain support.

Pratt & Whitney opens India Engineering Center facility in Karnataka
Updated On : 19 Jan 2023 | 10:07 PM IST

Aircraft engine maker P&W bosses fly to India to soothe customers' worries

Senior executives meet industry leaders and civil aviation secretary after slow delivery of engines

Aircraft engine maker P&W bosses fly to India to soothe customers' worries
Updated On : 17 Nov 2022 | 11:41 PM IST

Go First blames Covid-19, Pratt & Whitney as losses double in FY22

Go First said it has been sanctioned additional loans of Rs 1,142 crore in FY22 from its bankers

Go First blames Covid-19, Pratt & Whitney as losses double in FY22
Updated On : 24 Oct 2022 | 6:10 AM IST

Boeing tells airlines to ground 777 aircraft after engine failure

Two fan blades were fractured on the United flight, the National Transportation Safety Board said

Boeing tells airlines to ground 777 aircraft after engine failure
Updated On : 23 Feb 2021 | 1:55 AM IST

P&W-made GTF engines complete 2 million flight hours in India

While GoAir has only A320NEO planes in its fleet powered by these engines, IndiGo has A321NEO as well along with A320NEO planes

P&W-made GTF engines complete 2 million flight hours in India
Updated On : 19 Dec 2020 | 1:24 AM IST

High GST on aircraft components forcing P&W to go abroad for maintenance

High GST rate on aircraft engine components has been forcing Pratt & Whitney to go abroad for engine maintenance despite having a collaboration with Air India's engineering subsidiary AIESL for the servicing, according to an industry source. Engine components attract as higher as 18 per cent goods and service tax (GST), which makes the business unviable in India, and the engine maker wants the government to bring it in parity with 5 per cent GST as in the case of aircraft components, the source said. In February, Pratt & Whitney (P&W), which has supplied its Geared Turbo Fan (GTF) engines in large numbers to IndiGo and GoAir for their Airbus A320neo family planes, inked a pact with Air India Engineering Services Ltd (AIESL) to service these engines at the latter's MRO facility in Mumbai. A P&W spokesperson in a statement to PTI, however, said that collaboration with AIESL remains strong, despite the challenges faced by the industry due to the coronavirus pandemic. "We .

High GST on aircraft components forcing P&W to go abroad for maintenance
Updated On : 02 Dec 2020 | 10:15 PM IST

DGCA set to remove restrictions on Pratt&Whitney powered A320 Neo aircraft

Due to restrictions, IndiGo & Go Air were forced to use older A320 CEO aircraft, which consume more fuel

DGCA set to remove restrictions on Pratt&Whitney powered A320 Neo aircraft
Updated On : 27 Nov 2020 | 11:36 PM IST

GoAir pilots shut down P&W engine mid-air, even after fixes: Report

The twin-engine jet, operated by Go Airlines India Ltd, landed safely using its other engine in the western city of Ahmadabad on Sept 19

GoAir pilots shut down P&W engine mid-air, even after fixes: Report
Updated On : 13 Oct 2020 | 10:01 PM IST