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| News |
| GoAir Takes Flight |
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| GoAir to expand fleet with 20 Airbus acquisitions
worth over Rs. 5000 crore |
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Continues in its quest
for low cost high quality service routes Looks
to expand aggressively on North Indian and
Metro-to-Metro routes |
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February
04, 2005: GoAir the Wadia’s promoted
budget airline, launched in November last year
with 3 A-320 aircraft continues in its expansion
mode, through an acquisition of an additional
20 (Twenty) A-320 family aircraft. The value
of the contract is US $1.2 Billion (approx.
Rs 5300 Crores). The additional aircraft will
allow it to expand aggressively into the North
Indian and Metro-to-Metro flight routes. |
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The orders were placed in Singapore on February
22nd with GoAir Managing Director, Mr.Jeh
Wadia saying the airline required these planes
to respond to the ‘tremendous growth
in air traffic we are experiencing in India
and the increasing demand for GoAir’.
The A-320 family aircrafts would have a single-class
economy layout with 180 seats. |
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“It goes without saying that the entire
company is excited with our planned acquisitions
and all of us are looking forward to taking
delivery of these aircraft. These aircraft
will allow us to develop our network and introduce
new routes not previously served and we are
excited about being able to offer the “Fly
Smarter” experience to more cities and
passengers throughout India,” stated
Mr.Jeh Wadia, Managing Director, GoAir. |
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| GoAir currently operates 3 Airbus A320s
on 24 flights covering 11 cities. |
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