GoAir to increase its fleet by 72 aircrafts

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Jacob

20 June, 2011

The low-fare domestic airline, GoAir, plans to buy 72 new aircrafts. The deal is estimated at Rs 32,400 crore.

GOAIR, A domestic Indian airline which offers cheapest fares, plans to increase its fleet by 72 aircrafts. A senior airline official announced yesterday that they have placed an order with Airbus for the additional aircrafts worth Rs 32,400 crore. Jeh Wadia, Managing Director of GoAir, noted that since the company had already placed an order for 20 Airbus A320s, this will bring the total order to 92 aircraft worth Rs 43,200 crore. The company expects to receive the delivery of the previous order within the next 24 months.

Presently, Go Air’s fleet is limited to 10 aircrafts with an average of 2 years. This makes it the youngest fleet in the country. Wadia pointed out that the deal comes as part of the company’s commitment to reduce carbon emission and is expected to increase its competitiveness by almost 15% in terms of efficiency. The order placed with Airbus will ensure that the company keeps its commitment and reduce greenhouse gas (GHG). Besides, the airline has also taken steps to reduce ground speeds and ensures that its engines are washed frequently, as these measures help to saving fuel.

According to Wadia, GoAir has a bright future in the Indian aviation sector and is expected to give it a whole new turn. Since there are only six airlines in India with a fleet of around 350 aircraft and passenger turnover is high, GoAir is sure to fare good, he added.