GoAir records 73% growth in traffic in 9 mths

GoAir recorded a whopping 73 per cent growth in passenger traffic during the nine-months’ ended of the current fiscal. The airline carried over a million passengers during the last 9 months. The massive growth in traffic immediately follows the flight operations expansion programme concluded by GoAir last November. As part of this flight operations expansion programme, GoAir doubled its weekly flight operations to 561 commercial flights.
During the nine months period, GoAir’s load factors averaged to 83 per cent. It has been consistently recording highest load factors since the last one year. GoAir’s overall market share has risen to nearly 5 per cent. With the onset of the tourist season in India, GoAir is poised to maintain this growth trend in passenger traffic, load factors and market share in the last quarter as well.
GoAir’s phenomenal growth comes at a time when the Indian tourism industry is experiencing turbulent times on account general global recession, uncertainty in the political scenario and cheaper options available in the Far Eastern destinations.
12/01/08 Moneycontrol.com

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Categories: GoAir Jan 2008