Thursday, July 05, 2007

Jeh Wadia will continue to be GoAir MD

Mumbai: The Wadia Group's low-cost carrier GoAir on Wednesday announced that Jeh Wadia would continue to be the Managing Director of the airline as part of GoAir's overall business strategy and expansion plans.
The company plans to appoint a CEO, who would report directly to the Managing Director and would pilot the airlines day-to-day business operations.
The Wadia group is looking to invest in GoEngineering, GoGround Services, GoCargo and several other investments. Each of these businesses will also have CEOs reporting to the MD, Jeh Wadia.
Currently, GoAir operates 396 weekly flights to 11 airports across the country and has had the highest loads for January, February, March, April, May and June (90 %). It also has the highest market share per aircraft in the industry.
04/07/07 India Infoline.com
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