Wadias ‘go’ for ground services with ace brand

Mumbai: Low-cost carrier GoAir, promoted by the Wadia Group, is planning to extend their ‘Go’ brand by investing in engineering and ground services, along with cargo operations.
Each of these businesses will have separate CEOs reporting to Jeh Wadia, managing director of the airline. Says Wadia, “The airline has decided to look at investments in GoEngineering, GoGround Services and GoCargo, besides others.”
He, however, did not divulge the size of investments the company is looking at. GoAir has already entered into a joint venture with Singapore Airlines (SIA) Engineering for setting up an engineering facility in India.
The idea behind looking at various investment options is to leverage the low-cost of engineering services in India, say sources GoEngineering will start operations with multiple location facilities, offering maintenance solutions for both Airbus and Boeing planes. Also, the cargo operations will help boost the airline’s revenue.
05/07/07 Financial Express

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Categories: Cargo Jul 2007, GoAir Jul 2007, New Jul 2007