GoAir plans to increase capacity by 21%

Tags: GoAir, News
Wadia group-owned budget carrier GoAir plans to enhance capacity by 21% in this fiscal by expanding its route network across metro and non-metro cities and higher aircraft utilisation.

"We are planning to increase capacity by 21%, offering over 8.5 million seats in the current fiscal," GoAir chief executive Giorgio De Roni told PTI here.

He said the airline's strategy to achieve this goal is based on few pillars that constitute its "Vision 2015".

"Vision 2015 entails offering customers the most attractive and sustainable fares; high aircraft utilisation, an efficient cost structure and further strengthening of services between metro airports and tier II and tier III cities, particularly to those markets that have consistently grown at remarkable rates in the recent years," he said.

GoAir has registered a very healthy traffic growth of 12.5 and 14.6% in the first two months of the 2014-15 fiscal, which helped it corner a record 9.5% market share, De Roni said.

This has been achieved with consistently lowest number of passenger complaints in the industry in the last fiscal along with profitable and sustainable growth, he added.

GoAir operates over 900 flights a week to 21 domestic destinations with a fleet of 19 aircraft. It is set to add delivery of one more aircraft in July.

Besides, GoAir has ordered for 72 NEO Airbus aircraft and the deliveries of these planes are expected between 2016 and 2020.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Indian-promoted global corporations must follow accounting best practices

    The international advisory board (IAB) of capital market regulator Securities and Exchange Board of India (Sebi) has suggested that separate governanc

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Cost of education must be controlled

In India, we pay very little attention to the cost ...

Rajgopal Nidamboor

Focus to keep your daily qualms at bay

Philosophers and scientists have, for long, compared the human brain ...

Gautam Gupta

What we can learn from the French fashion scene

It was a pleasure and a treat to experience one ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture