Pratt & Whitney Says India's Go First Has No Right over Engines

Pratt & Whitney has no engines currently available for India's Go First airline, which also has no rights over them, the counsel for the U.S. firm told a Delaware court on Thursday as the two companies engaged in a raging dispute over the supplies, Reuters reported. The Indian airline has approached the Delaware court to enforce an arbitration order it won in Singapore against Pratt & Whitney, which it blames for its financial troubles and argues the U.S. firm failed to supply engines on time. Pratt says those claims are without merit. Go First has been granted bankruptcy protection in India with a court-appointed administrator trying to revive the airline. This has also sparked a bitter tussle with many of Go First's lessors as they have terminated their lease agreements and are trying to repossess the planes. During a court hearing on Thursday, which Reuters accessed via a court-assigned teleconferencing system, a lawyer for Pratt argued Go First no more has a right over the engines after termination of leases. Go First counsel argued that position was incorrect, saying the bankruptcy process in India provides a freeze on any repossession of planes by any lessor, and so it continues to have a right over them and the engines. Read more.