Manufacturing Industry
New low-cost airline planned in India. Pvt. Ltd.
Airline Industry Information, August 22, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Indian industrial group Wadia is reportedly planning to launch a low-cost airline in October 2005.
Jeh Wadia, managing director of GoAirline (India) Pvt Ltd, has said that the GoAir carrier will operate with a fleet of up to 22 used Airbus A320 aircraft during its first two years.
The company is currently in talks with Airbus and Boeing Co about an order for 50 new aircraft, to be purchased over five to seven years.
Wadia said that the airline was planned to be the lowest-cost airline in India.
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