GoAir looks at expanding its operations to select destinations in India

Mumbai: According to a PTI report, with an aim to expand its operations, budget carrier GoAir is evaluating few a few sectors on pan- India basis. Currently, Pune, Leh, Jammu, Imphal, Port Blair, Kolkata and Chennai are on the radar. It has also advanced the delivery of ten aircraft in the second tranche, slated to commence from January 2012, by four months.
Certain sources informed that the airline had placed orders for 20 A-320 aircraft worth USD 1.2 billion in 2006 with their deliveries staggered over two tranches. While induction of the first tranche of ten aircraft will be completed in September this year, the second tranche, slated to commence from January 2012, has been advanced by four months and will receive the first aircraft of the second tranche as early as in September 2011.
GoAir’s current fleet strength is eight. Acquisition of these aircraft will be done through internal accruals, as well as by raising funds through sale and lease back. The airline is planning to sale and lease back four aircraft which are due for delivery in 2011-12. This year, the airline will induct two planes, one later this month and the other in September this year, mentioned the sources, adding that, this will complete the first phase of the fleet expansion plans.
08/07/10 TravelBizMonitor

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Categories: GoAir Jul 2010