Bangalore: Taking head-on the challenges such as slowdown in the economy, depreciation of the rupee and increase in Aviation Turbine Fuel prices, Wadia Group-led Go Airlines India Pvt Ltd is expecting to take on board 7 million passengers in the current financial year compared to 5 million the last fiscal.
GoAir Chief Executive Officer Giorgio De Roni on Thursday said that with the right mix of market strategy and cost control the airline can achieve its target. “We plan to target non-metro cities instead of the metros and make it account for 75 per cent of our business. Right now, we operate from 20 destinations and plans to add one more in the current fiscal. From Bangalore, we have 10 flights on a weekly basis and plan to add two more services soon,” he said.
“Much of our fiscal burden comes from fuel costs, landing fees and MRO expenses. Of this, 50 per cent comes from fuel expenses. We hope the new government would bring it down so that the aviation industry will grow in India and contribute to the overall growth of the economy,” Roni said.
22/05/14 N V Vijayakumar/Deccan Herald
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GoAir Chief Executive Officer Giorgio De Roni on Thursday said that with the right mix of market strategy and cost control the airline can achieve its target. “We plan to target non-metro cities instead of the metros and make it account for 75 per cent of our business. Right now, we operate from 20 destinations and plans to add one more in the current fiscal. From Bangalore, we have 10 flights on a weekly basis and plan to add two more services soon,” he said.
“Much of our fiscal burden comes from fuel costs, landing fees and MRO expenses. Of this, 50 per cent comes from fuel expenses. We hope the new government would bring it down so that the aviation industry will grow in India and contribute to the overall growth of the economy,” Roni said.
22/05/14 N V Vijayakumar/Deccan Herald
