{"id":411902,"date":"2021-04-26T08:30:12","date_gmt":"2021-04-26T03:00:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=411902"},"modified":"2021-04-26T08:48:01","modified_gmt":"2021-04-26T03:18:01","slug":"goair-bets-on-ultra-low-cost-carrier-model-to-consolidate-market-position","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/goair-bets-on-ultra-low-cost-carrier-model-to-consolidate-market-position\/","title":{"rendered":"GoAir bets on ultra-low-cost carrier model to consolidate market position"},"content":{"rendered":"<p>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. <\/p>\n<p>&#8220;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,&#8221; its CEO Kaushik Khona told PTI in an exclusive interview. <\/p>\n<p>In March, founder Jeh Wadia from the promoter family stepped down from the company&#8217;s management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. &#8220;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,&#8221; its CEO Kaushik Khona told PTI in an exclusive interview. In March, founder Jeh [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-411902","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=411902"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411902\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=411902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=411902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=411902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}