GoAir records 84 percent load factor for June 2010

Witnesses a 153 percent growth in passenger traffic for April 09 - March 10
Registers lowest passenger cancellations of 0.57 percent

Mumbai, July 10, 2010: GoAir, India’s smartest airline, today announced that it has registered an 84 percent load factor for the month of June 2010. During the last quarter (April 2010 – June 2010), GoAir has consistently registered average passenger loads in excess of 83 percent.

During the past year, GoAir has been on a continuous growth phase. For the period of April 2009 - March 2010, GoAir flew 2.41 million passengers as against 0.95 million passengers during the same period in 2008 - 2009 thus achieving a 153 percent growth rate in passenger traffic. Similarly for the quarter ended in 30th June 2010, GoAir flew 7,87,000+ passengers which was almost 52% higher than in the similar period last year.

The Least cancellation: GoAir also recorded a 0.57 percent average in cancellations that was substantially lower than the industry average of 2.37 percent during June 2009 - May 2010. Thus for a customer of GoAir, the assurance of surety to fly and on time is all the more than any other airline.

GoAir, which had a 2.8% market share in the beginning of the year 2009-10 now enjoys a market share of 5.9% and connects 15 destinations in India.

GoAir has a unique model where it serves almost double the stations as compared to its fleet strength which is unlike its peers who have number of destinations being served less than its fleet strength.

Commenting on this success, Mr. Kaushik Khona, Chief Executive officer said, “For consumers all over the country, GoAir is a trusted brand and they have appreciated the fact that we have always stood for quality, consistency, reliability and on-time performance while offering the best service. The increase in our load factors is strongly supported by online bookings and a robust distribution network.”

He further added, “In today’s rapidly changing environment it is essential to engage with the consumer and anticipate his ever evolving needs. We at GoAir believe in constantly innovating our services and over the last few years we have successfully developed a loyal consumer base. At GoAir we always go the extra mile to serve the passenger- and this has always been appreciated by the customers as reflected in the growth of numbers.”

GoBusiness - A Unique Product:

GoAir has a very unique product of Business class which provides the same comfort of the Normal Business class of a full service carrier at almost half or one third of the fare of Business Class of a full service carrier.