GoAir Future Plans
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GoAir Future Plans
AHMEDABAD: Wadia group's no-frills carrier Go Airlines today said it will acquire eight more aircrafts to increase its fleet to 21 by July 2014 from the existing 13.
The airline, looking to grow at non-metro and regional level, aims to have a fleet of 92 by 2020. India is projected to be the third largest aviation market by 2020.
"We had placed an order for 72 A320 Neo aircrafts at a list price of USD 100 million (per aircraft) in June 2011, so 72 will come at price list of USD 7.2 billion," Go Airlines Chief Executive Officer Giorgio De Roni told reporters.
He was here to announce starting of a GoAir flight from Ahmedabad to Kolkata from February 4, for which a brand new A320 Neo Aircraft would be deployed.
"Eight aircraft shall be added within July 2014. There would be a steep increase in our fleet from 2016 to reach the target of 92 aircraft by 2020," Roni said.
"From 2016, we will be adding more than 10 aircraft a year."
As per the figures of Director General of Civil Aviation, the airline had 7.6 per cent market share as on December 2012.
Last year, the company had applied to Ministry of Civil Aviation for a norm-waiver for flying to international destinations.
"We have sought waiver from the existing norm of owning 20 aircraft to get permission to fly to foreign destinations," Roni said, adding that if the waiver was granted, it would evaluate the possibility of starting international flights out of Ahmedabad.
The company is expecting a revenue of around Rs 2,000 crore in 2012-13, against Rs 1,600 crore last year.
GoAir presently operates around 100 flights a day and from February 4, eight additional flights are expected, a company statement said.
GoAir to add 8 aircraft by July 2014, aims 92 by 2020 - The Economic Times
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AHMEDABAD: Low-cost carrier Go Airlines (India) Ltd is keen to serve the domestic catchment area and is contemplating plans to launch intra-state services. The airline that operates through 22 airports in India including tier II and III cities, would launch its services for intra-state fliers in 12-18 months if its shareholders approve of the plan, said CEO Giorgio De Roni.
"We are working on diversifying our fleet on better destinations. While we are growing in metros, we are growing more on non-metros a reason we are keen to grow on non-metros. There are plenty of opportunities in that space," he said while addressing the media in Ahmedabad on Tuesday. GoAir would launch its Ahmedabad-Kolkata service from Wednesday.
Despite a dip in market sentiments, GoAir expects to clock 18per cent rise in its average seat kilometres (ASK) in March 2013. The airline recorded 4500 million ASK in March 2012, said Roni. GoAir has one of the youngest fleet comprising 13 aircrafts (average age of 3 years) in India, and the fleet strength would be 21 by July 2014. "With new fleet, our ASK should be 20 per cent over 2013-14," he said
GoAir bullish on intra-state flights: CEO Giorgio De Roni - The Economic Times
The airline, looking to grow at non-metro and regional level, aims to have a fleet of 92 by 2020. India is projected to be the third largest aviation market by 2020.
"We had placed an order for 72 A320 Neo aircrafts at a list price of USD 100 million (per aircraft) in June 2011, so 72 will come at price list of USD 7.2 billion," Go Airlines Chief Executive Officer Giorgio De Roni told reporters.
He was here to announce starting of a GoAir flight from Ahmedabad to Kolkata from February 4, for which a brand new A320 Neo Aircraft would be deployed.
"Eight aircraft shall be added within July 2014. There would be a steep increase in our fleet from 2016 to reach the target of 92 aircraft by 2020," Roni said.
"From 2016, we will be adding more than 10 aircraft a year."
As per the figures of Director General of Civil Aviation, the airline had 7.6 per cent market share as on December 2012.
Last year, the company had applied to Ministry of Civil Aviation for a norm-waiver for flying to international destinations.
"We have sought waiver from the existing norm of owning 20 aircraft to get permission to fly to foreign destinations," Roni said, adding that if the waiver was granted, it would evaluate the possibility of starting international flights out of Ahmedabad.
The company is expecting a revenue of around Rs 2,000 crore in 2012-13, against Rs 1,600 crore last year.
GoAir presently operates around 100 flights a day and from February 4, eight additional flights are expected, a company statement said.
GoAir to add 8 aircraft by July 2014, aims 92 by 2020 - The Economic Times
------------------------------------------------------------------------------------------
AHMEDABAD: Low-cost carrier Go Airlines (India) Ltd is keen to serve the domestic catchment area and is contemplating plans to launch intra-state services. The airline that operates through 22 airports in India including tier II and III cities, would launch its services for intra-state fliers in 12-18 months if its shareholders approve of the plan, said CEO Giorgio De Roni.
"We are working on diversifying our fleet on better destinations. While we are growing in metros, we are growing more on non-metros a reason we are keen to grow on non-metros. There are plenty of opportunities in that space," he said while addressing the media in Ahmedabad on Tuesday. GoAir would launch its Ahmedabad-Kolkata service from Wednesday.
Despite a dip in market sentiments, GoAir expects to clock 18per cent rise in its average seat kilometres (ASK) in March 2013. The airline recorded 4500 million ASK in March 2012, said Roni. GoAir has one of the youngest fleet comprising 13 aircrafts (average age of 3 years) in India, and the fleet strength would be 21 by July 2014. "With new fleet, our ASK should be 20 per cent over 2013-14," he said
GoAir bullish on intra-state flights: CEO Giorgio De Roni - The Economic Times
