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India's biggest airline grounds 50 planes; Here's why

Web Desk 10:50 PM | 18 Mar, 2023
India's biggest airline grounds 50 planes; Here's why
Source: https://www.quora.com/Why-do-people-think-the-Tarmac-is-real-part-of-an-airport

NEW DELHI - India's biggest airline Indigo and Go first has grounded as many as 50 of its aircraft due to multiple reasons.

The planes operated by IndiGo and Go First have been put out of operation due to Pratt & Whitney engine issues, aided by ongoing challenges in the supply chain.

Sources close to the development disclosed that the airlines are now considering options such as wet leasing of aircraft to minimize disruptions caused by the situation.

The aviation giant is also mulling to place the order regarding Pratt & Whitney (P&W) engines with a different firm so that disruptions could be avoided in future.

An official statement from P&W which is a US-based aerospace manufacturer said it was facing supply chain issues to replace engines for Indian customers.

"We're experiencing global supply chain challenges which are limiting the availability of structural castings and other parts. We're progressing on our mitigation strategies with our supply base and expanding MRO network capacity while continuing hardware and software upgrades to extend engine time on the wing. At the same time, we're coordinating closely with customers on solutions to minimize operational disruption. We expect supply chain pressures to ease later this year, which will support the output of both production and MRO engines," a P&W spokesperson said.

The airline came into being back in 2005 and rose to become the biggest flag carrier of the country currently serving over 100 countries. The domestic market share of the firm is over 50 percent as of October 2022.

G First made headlines recently after as many as over 50 passengers were left high and dry as they found themselves ready to board the firm's plane which had already left in the southern Indian state of Karnataka.

A flight by 'Go First' took off from the airport in Bengaluru city, forgetting over 50 passengers in the tarmac (bus). Interestingly, the passengers had checked in their baggage and even had boarding passes.

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Web Desk

Daily Pakistan Global Web Desk

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 23, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 23, 2023 (Thursday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.1 286.15
Euro EUR 302.5 305.5
UK Pound Sterling GBP 343.5 347
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.55 757.55
Canadian Dollar CAD 205 207.2
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.77 41.17
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 919.22 928.22
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.66
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 731.97 739.97
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.12 307.62
Thai Bhat THB 8.19 8.34

Today's gold rates in Pakistan – 23 March 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 203,800 on Thursday. The price of 10 grams of 24k gold was recorded at Rs174,730.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 203,800 PKR 2,350
Karachi PKR 203,800 PKR 2,350
Islamabad PKR 203,800 PKR 2,350
Peshawar PKR 203,800 PKR 2,350
Quetta PKR 203,800 PKR 2,350
Sialkot PKR 203,800 PKR 2,350
Attock PKR 203,800 PKR 2,350
Gujranwala PKR 203,800 PKR 2,350
Jehlum PKR 203,800 PKR 2,350
Multan PKR 203,800 PKR 2,350
Bahawalpur PKR 203,800 PKR 2,350
Gujrat PKR 203,800 PKR 2,350
Nawabshah PKR 203,800 PKR 2,350
Chakwal PKR 203,800 PKR 2,350
Hyderabad PKR 203,800 PKR 2,350
Nowshehra PKR 203,800 PKR 2,350
Sargodha PKR 203,800 PKR 2,350
Faisalabad PKR 203,800 PKR 2,350
Mirpur PKR 203,800 PKR 2,350

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