Advertisement

Help
You are here: Rediff Home » India » Business » Report
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

GoAir records 73% growth
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
Advertisement
January 12, 2008 14:54 IST

No-frill carrier GoAir on Saturday said it has recorded a massive 73 per cent growth in passenger traffic in nine months of the current fiscal carrying nine million passengers.

After it expanded its operations last November, doubling its weekly flights to 561, GoAir recorded an average load factor of 83 per cent, which it claimed was maintained consistently over the past year.

The airline, run by the Wadia Group, said it was poised to maintain this growth trend in passenger traffic, load factors and market share in the last quarter of this fiscal as well.

Claiming that the airline's market share was on an upswing, GoAir's Managing Director Jeh Wadia said: "We enjoy the highest market share per aircraft in the industry."

The airline has also managed to maintain lead by recording such high load factor, he said.

The airline currently operates to 11 cities of Ahmedabad, Bangalore, Mumbai, Cochin, Delhi, Goa, Hyderabad, Jammu, Jaipur, Chennai and Srinagar.


© Copyright 2008 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 Email this Article      Print this Article

© 2008 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback