Tuesday, January 29, 2013

No selling stake to overseas carriers, says GoAir CEO


Kolkata: Low-cost flier Go Airlines (India) is not interested in selling its equity stake to foreign capital just for accessing funds. It is also not interested in aggressive growth in market share, emphasising instead on sustainability, its chief executive officer Giorgio De Roni has asserted.
In response to a question on the Kingfisher episode and whether the Wadia group carrier is interested in taking up some of the slots vacated by Kingfisher Airlines, Mr Roni told The Hindu: “We will grow step by step... our approach is to grow cautiously.. we are running a marathon and not a sprint.”
He said that the company was pursuing its plans of launching international flights and was hopeful of getting some waivers from the Centre on certain stipulations.
29/01/13 Indrani Dutta/The Hindu
To Read the News in full at Source, Click the Headline