GoAir bets on ultra-low-cost carrier model to consolidate market position

As the airline sector grapples with the second COVID-19 wave, 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.