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   News
GoAir Takes Flight  
GoAir to expand fleet with 20 Airbus acquisitions worth over Rs. 5000 crore  

Continues in its quest for low cost high quality service routes Looks to expand aggressively on North Indian and Metro-to-Metro routes

 
   
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.
 
   
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.
 
   
“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.
 
   
GoAir currently operates 3 Airbus A320s on 24 flights covering 11 cities.
 
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