GoAir to expand fleet to 11 aircraft

New Delhi: The Wadia group-promoted low-cost carrier GoAir will be expanding its fleet from six to 11 aircraft in the next 12 months. However, the carrier is looking at only adding more flights on existing destinations, as against new routes.
GoAir hopes to break even in the next fiscal (2008-09) and is on a cost-cutting drive to improve its financial health. A major step being its review and re-negotiation of MRO (maintenance, overhaul and re-pair) contract with SIA Engineering Company. “When the carrier started operations, our negotiating power was low. Now, we are in a position to get a better deal. Therefore, we are talking to other MRO players as well,” CEO Edgardo Badiali told ET.
The carrier, which has been conservative with its expansion plans, will have a fleet size of 11 Airbus A320 by the end of next fiscal. It is tar-geting a fleet size of 31 aircraft by 2012.
15/03/08 T.Vishakha Talreja/Economic Times

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Categories: GoAir Mar 2008