GoAir Bets Big On Ultra-Low-Cost Carrier Model To Consolidate Market Position

GoAir is betting big on its ultra-low-cost carrier model to consolidate its position as one of the few Indian airlines making profits in a highly-competitive and cost-intensive market

As the airline sector grapples with the second Covid-19 wave, the Wadias-promoted GoAir has set its sights on a major expansion drive in terms of network and aircraft fleet and is betting big on its ultra-low-cost carrier model to consolidate its position as one of the few Indian airlines making profits in a highly-competitive and cost-intensive market. "While the sector is facing temporary headwinds, we at GoAir believe that the airline is uniquely placed with its inherent ultra-low-cost structure that has always stood us in good stead," its CEO Kaushik Khona told PTI in an exclusive interview. In March, founder Jeh Wadia from the promoter family stepped down from the company's management. The airline also announced the elevation of Ben Baldanza, a global airline professional as vice-chairman. Mr Badlanza has been accredited with reviving and taking public Spirit Airlines in the US. There have also been talks that GoAir has been on course to raise funds to fuel its expansion.