GoAir flying higher

GoAir, has registered roaring business at the end of its first financial year; 2006-07. GoAir has sold over 1.5 million seats flying 396 weekly flights to 11 airports across the country. Since beginning operations in November 2005, GoAir has captured a 5% market share posting the highest load factor for Jan 07 (78%), Feb 07 (80%) and March 07 (77%) and cumulative till date April 07 (79%). GoAir has also registered the highest yields for January & February 07.
Mr. Jeh Wadia, Managing Director, GoAir said, GoAir has always been the people's airline since inception and we are currently focusing on the path of profitability. Today, GoAir has seen an average growth over the last four quarters in terms of revenue of 60%, in terms of passenger growth 50% and load factor growth is 17%. The overwhelming support and responses received from our valued passengers motivates us further to continue to patronise them with our value added services.
23/04/07 Moneycontrol.com

To Read the News in full at Source, Click the Headline

Categories: GoAir Apr 2007