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To: Erik Latranyi
Indian "value" airlines have a long history of making huge airplane deals then going bankrupt.

India's Go First filed for bankruptcy in May of this year after placing an order for 54 aircraft in 2021.

7 posted on 06/20/2023 6:21:18 AM PDT by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: Yo-Yo
Yup. How many of those 500 that actually get built is an open question. How many actually get paid for is an even bigger question
12 posted on 06/20/2023 6:26:23 AM PDT by rdcbn1
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To: Yo-Yo
Indian "value" airlines have a long history of making huge airplane deals then going bankrupt.

Indeed, also this "contract" may be mostly a letter of intent, buying a very few planes upfront, with grand sounding clauses to actually be confirmed at a later date. The fluff and PR benefits both the manufacturer and especially the airline itself

13 posted on 06/20/2023 6:26:28 AM PDT by PGR88
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