Go airlines: Reaching higher altitudes

Mumbai: It is bright and early in the morning when we walk into Go Air's Mumbai offices to catch up with the CEO, who took over the reins of the low-cost carrier in mid-2011. Even though the Indian aviation industry has been experiencing turbulence, De Roni believes that there are also many positive aspects to bank on. "India is a dynamic market with a growth rate that is the highest in the world, which is extremely positive. Purchasing power of the middle-class is growing and although the overall economy may have slowed down, the Indian economy is growing faster than the rest of the world," he says.
That said, De Roni, who has been in the aviation industry for close to three decades, is also aware of the problems that the Indian market brings with it. With an archaic legal framework, that needs revision and a heavy burden of taxes, running an airline in India is costlier than the rest of the world. "To cite an example, the cost of fuel per hour is $4000 in India while the same aircraft's cost per hour in other parts of the world — high oil prices notwithstanding — is $3000.
09/08/12 Shakti Salgaokar/Daily News & Analysis

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Categories: GoAir Aug 2012