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BRIEF-India's IndiGo expects to take 12-15 months to resolve Pratt & Whitney engine issues
October 31, 2017 / 12:16 PM / 19 days ago

BRIEF-India's IndiGo expects to take 12-15 months to resolve Pratt & Whitney engine issues

Oct 31 (Reuters) - Interglobe Aviation Ltd:

* Says has started receiving spare engines from Pratt & Whitney, no planes on ground

* Says does not expect to receive same magnitude of credit from manufacturers going forward

* Says expect it to take 12-15 months to resolve issues with Pratt & Whitney engines

* Says booked a forex loss of 460 million rupees this quarter versus gain of 346 million rupees year ago

* Says looking at owning ATR small planes outright, will take first delivery in December Further company coverage: (Reporting By Aditi Shah)

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