The airline said it had filed an arbitration in a Singapore court and sought compensation of approximately INR8,000 crore. The airline added that some lessors have repossessed aircraft, drew down letters of credit, and notified further aircraft withdrawal. The airline has also filed an emergency petition in Delaware Federal court seeking enforcement of two arbitral awards that have ordered engine manufacturer Pratt & Whitney to deliver serviceable engines to Go First immediately. Go First is the second airline in the last five years to file for insolvency in India after Jet Airways. Full-service carrier Jet Airways, which ceased operations in April 2019, is yet to return to the skies despite exiting insolvency proceedings. Go First's exit could lead to a surge in fares and impact growth in the domestic aviation market, which has returned strongly post-covid and clocked a record number of 456,000 passengers on Sunday—the pre-covid high was at 420,000 passengers a day.