Wednesday, October 19, 2016

GoAir poised to take off, explore new horizons

Wolfgang Prock-Schauer, CEO of Go Airlines (India) Limited, has set an ambitious growth path with the airline set to add one aircraft per month over the next decade — a hectic pace by any standards.

GoAir, one of the fastest-growing low-cost airlines, expects to ride the Indian aviation growth story with the 144 Airbius aircraft it has ordered. They are to be delivered by 2025.

The country's aviation sector is growing at about 20 per cent, and even if it grows 10-15 per cent, it a great opportunity, Prock-Schauer says.

The aviation veteran says “one of the challenges the aviation sector faces is to be profitable in an environment where the fares have fallen about 25 per cent in the last one year”.

Drawing from his experience working with Austrian Airlines, Jet Airways, British Midland Airways and Air Berlin, Wolfgang has been instrumental in crafting the expansion of GoAir, not only in the domestic market, but also abroad as the airline starts services to a few overseas destinations next summer.

These could be to Teheran, Central Asia, South China and Far East, among others.
18/10/16 V Rishi Kumar/The Hindu Business Line