GoAir reports 73% growth in traffic for nine months ended 31-Dec-07
15-Jan-2008 |
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GoAir recorded a 73% growth in passenger traffic during the nine-months’ ended of the current fiscal. The airline carried over a million passengers during the last 9 months.
The massive growth in traffic immediately follows the flight operations expansion programme concluded by GoAir last November. As part of this flight operations expansion programme, GoAir doubled its weekly flight operations to 561 commercial flights. During the nine months period, GoAir’s load factors averaged to 83%. It has been consistently recording highest load factors since the last one year. GoAir’s overall market share has risen to nearly 5 per cent. With the onset of the tourist season in India, GoAir is poised to maintain this growth trend in passenger traffic, load factors and market share in the last quarter as well.
GoAir’s phenomenal growth comes at a time when the Indian tourism industry is experiencing turbulent times on account general global recession, uncertainty in the political scenario and cheaper options available in the Far Eastern destinations.
According to Jeh Wadia, Managing Director, GoAir, “The enormous growth consistently recorded by GoAir over the last few quarters reflects the faith of our passengers in the brand. Despite the challenging tourism environment in India, GoAir managed to maintain its leadership stance by recording such high load factors. Moreover, our market share is on an upswing as compared to our market share during the previous season. We also enjoy the highest market share per aircraft in the industry.” (c) Centre for Asia Pacific Aviation. Date posted: 15-Jan-08 |
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GoAir reports 73% growth in traffic for nine months ended 31-Dec-07 
