GoAir bets on ultra-low-cost carrier model to consolidate market position
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, GoAir CEO Kaushik Khona said
PTI | April 25, 2021 | Updated 13:41 IST
In March, founder Jeh Wadia from the promoter family stepped down from the company s management
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.