GoAir is a leading low-cost carrier (LCC) of India based in Mumbai, operating under the aviation foray of the Wadia Group. It serves over 20 cities of the country with almost 100 daily flights. This LCC keeps introducing discounts and offers on online air ticket booking to attract fliers from all across the country. It also introduced a number of new routes in its offerings, which has resulted in its increased traffic. The airline also gained significant market share, reaching a new high of around 10 percent in this quarter, as per the Directorate General of Civil Aviation (DGCA) reports.
The officials, in a report have given out the information that its passenger traffic grew by over 21 per cent – from 1.4 million to approximately 1.7 million – in this quarter. Further, it was revealed that the carrier carried around 6 lakh passengers in the month of June, which was 4.5 lakhs, last year in the same month. The addition of flights to non-metro routes is one of the significant reasons behind increase in the traffic, as stated by the company. The CEO, Giorgio De Roni, told that the company made a profit of more than INR 100 crores on revenue of around INR 3000 crores, in the financial year 2013, and followed the same trend this year.
It also registered a record departure of over 2000 last year after introducing flights to Nagpur, Pune and Kolkata. In June, the carrier experienced a positive growth and the numbers are looking promising. Commenting on the rising market share, the CEO said that a new approach to resource deployment, almost 70 per cent of the flights serving Goa, Pune, Nagpur, Patna and Srinagar, has proved to be beneficial for them. All these factors are the reasons behind the upsurge in GoAir booking in recent months.
The officials, in a report have given out the information that its passenger traffic grew by over 21 per cent – from 1.4 million to approximately 1.7 million – in this quarter. Further, it was revealed that the carrier carried around 6 lakh passengers in the month of June, which was 4.5 lakhs, last year in the same month. The addition of flights to non-metro routes is one of the significant reasons behind increase in the traffic, as stated by the company. The CEO, Giorgio De Roni, told that the company made a profit of more than INR 100 crores on revenue of around INR 3000 crores, in the financial year 2013, and followed the same trend this year.
It also registered a record departure of over 2000 last year after introducing flights to Nagpur, Pune and Kolkata. In June, the carrier experienced a positive growth and the numbers are looking promising. Commenting on the rising market share, the CEO said that a new approach to resource deployment, almost 70 per cent of the flights serving Goa, Pune, Nagpur, Patna and Srinagar, has proved to be beneficial for them. All these factors are the reasons behind the upsurge in GoAir booking in recent months.
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