Struggling to find a stable management team for a long time, Wadia Group’s GoAir is operating only 75% to 77% of the 47 Airbus A320 aircraft in its fleet. The low cost carrier’s latest CEO resigned this February, after barely eight months into the job. There has been a significant management churning at the top in past few months and the airline, which started flying in 2005, remains the smallest among its contemporaries like IndiGoNSE 1.56 % and SpiceJet.
“The airline is currently flying 35 to 36 aircraft. Network still remains a weak area for the airline,” said a person in the know. Other Indian carriers like IndiGo, SpiceJet, AirAsia India and Vistara are trying to increase flights by getting unutilised slots of Jet Airways at Delhi, Mumbai and Bangalore airports.
