flood From United States of America, joined Feb 2009, 1393 posts, RR: 1 Posted (3 years 9 months 2 days 18 hours ago) and read 2258 times:
Apologies if this has been discussed already. Initial reports emerged a few days ago yet a search here came up empty.
GoAir may place order at Paris Air Show
"Wadia group-owned low-cost airline GoAir (India) Pvt. Ltd is in talks with European aircraft maker Airbus SAS to place a fresh order for Airbus A320 aircraft at the Paris Air Show that starts on 20 June.
The six-year-old discount carrier is planning to place an order for A320neo aircraft to drive expansion plans and the details of the order are currently being worked out, said a person familiar with the matter who declined to be identified.
GoAir could place an order for anywhere up to 50-70 aircraft, which may include several options, this official said.
The Mumbai-based carrier runs a fleet of 10 A320 aircraft currently, with 6.4% of the domestic market share. Its rival IndiGo, which started a year before GoAir, now controls a 19.7% market share with a fleet of 39 aircraft, while SpiceJet has 29 aircraft controlling a 13.4% market share.
All the domestic carriers in the Indian market have been able to go international barring GoAir, which despite meeting the five-year domestic flying experience falls short of the criterion of having a fleet of at least 20 aircraft."
Some additional background info, India Times previously reported on 4/7/2011:
Aviation analysts believe it is the right time for the Wadia-promoted carrier to expand as it has achieved a turnaround. The aviation consultancy firm Centre for Asia Pacific Aviation expects GoAir to post a profit of about $15 million for the last financial year.
"It is time that GoAir takes a long-term view of business with the traffic multiplying three to four times over the next 10 years. They need to firm up their plans for aircraft addition not only from the perspective of fleet replacement but also fleet expansion. Fleet strategy will be crucial for this expansion," said CAPA CEO Kapil Kaul.
LAXDESI From United States of America, joined May 2005, 5086 posts, RR: 47
Reply 1, posted (3 years 9 months 2 days 7 hours ago) and read 1825 times:
Quoting flood (Thread starter): Of course "up to" 50-70 (including options) leaves the door wide open for speculation (which is why I left it out of the title).
I wonder if GoAir owners want to get the rights to fly international, and then sell the company. It is hard to imagine a non-aviation company interested in getting into this sector, but with changes in foreign ownership rules perhaps TATA group, along with SQ, may be interested.
flood From United States of America, joined Feb 2009, 1393 posts, RR: 1
Reply 2, posted (3 years 9 months 1 day 20 hours ago) and read 1657 times:
Quoting LAXDESI (Reply 1):
I wonder if GoAir owners want to get the rights to fly international, and then sell the company.
Don't they still have 8 frames outstanding? They would only need to order another two aircraft to fullfil the requirements... a more sizeable order would in my view indicate they're in it for the long run. While it may not fit their profile as a non-aviation company to get into this sector, they're already in it - and it seems they even managed to turn a profit last year, albeit a relatively modest one.