Mumbai: It has survived competition, price wars and fuel price spike in the last decade but Mumbai-based no frills carrier, GoAir, faces its biggest test now as it embarks on massive expansion.
GoAir's small size (in the last ten years the airline has inducted just 23 planes) ensured that it did not burn cash the way some of its peers did. The airline thus made a profit for three consecutive years.
But from next January, GoAir will start inducting the new Airbus A320neo aircraft and in all induct 72 planes till 2020 – at rate of 15 aircraft each year.
Jeh Wadia, airline's managing director, recently said GoAir will increase destinations from 22 now to 36 by March 2018 and 52 by March 2020. From 41 routes now, it will grow to 71 in 2018 and 116 in 2020, he added.
26/06/15 Annesh Phadnis/Business Standard
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GoAir's small size (in the last ten years the airline has inducted just 23 planes) ensured that it did not burn cash the way some of its peers did. The airline thus made a profit for three consecutive years.
But from next January, GoAir will start inducting the new Airbus A320neo aircraft and in all induct 72 planes till 2020 – at rate of 15 aircraft each year.
Jeh Wadia, airline's managing director, recently said GoAir will increase destinations from 22 now to 36 by March 2018 and 52 by March 2020. From 41 routes now, it will grow to 71 in 2018 and 116 in 2020, he added.
26/06/15 Annesh Phadnis/Business Standard
