![]() GoAir records 73% growth in traffic in 9 mthsPublished on Sat, Jan 12, 2008 at 13:02 | Source : Moneycontrol.com Updated at Sat, Jan 12, 2008 at 15:44
GoAir , India's smart fare airline, recorded a whopping 73 per cent growth in passenger traffic during the nine-months' ended of the current fiscal. The airline carried over a million passengers during the last 9 months. The massive growth in traffic immediately follows the flight operations expansion programme concluded by GoAir last November. As part of this flight operations expansion programme, GoAir doubled its weekly flight operations to 561 commercial flights. During the nine months period, GoAir's load factors averaged to 83 per cent. It has been consistently recording highest load factors since the last one year. GoAir's overall market share has risen to nearly 5 per cent. With the onset of the tourist season in India, GoAir is poised to maintain this growth trend in passenger traffic, load factors and market share in the last quarter as well. GoAir's phenomenal growth comes at a time when the Indian tourism industry is experiencing turbulent times on account general global recession, uncertainty in the political scenario and cheaper options available in the Far Eastern destinations. According to Jeh Wadia, Managing Director, GoAir, "The enormous growth consistently recorded by GoAir over the last few quarters reflects the faith of our passengers in the brand. Despite the challenging tourism environment in India, GoAir managed to maintain its leadership stance by recording such high load factors. Moreover, our market share is on an upswing as compared to our market share during the previous season. We also enjoy the highest market share per aircraft in the industry." Go Airlines (India) Pvt. Ltd. is the aviation foray of the Wadia Group, one of India's top business houses. The airline operates its services under the brand GoAir. GoAir launched its operations in 2005. GoAir is a low-fare carrier launched with the objective of commoditizing airline travel by offerings airline seats at marginal premium to first class train fares across India. The airline currently operates across 11 destinations in India including Ahmedabad, Bangalore, Mumbai, Cochin, Delhi, Goa, Hyderabad, Jammu, Jaipur, Chennai and Srinagar. GoAir is positioned as 'The Smart People's Airline'. Its captivating theme, 'Fly Smart' is aimed at offering passengers a consistent, quality-assured and time-efficient service. The airline uses the state-of-the-art Airbus A320 aircraft fleet.
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