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GoAir denies proposal to accept investment from other airlines

6-Oct-2009 8:44 AM

GoAir announced (04-Oct-09) its Board of Directors have taken the decision to not proceed with any proposal for investment in the airline by other carriers. The carrier has also announced plans to take delivery of further 12 new aircraft, completing its 2007 order of 20 A320s. GoAir reports the following operating statistics for the past two quarters:

  • Lowest cancellations in industry for 1Q and zero cancellations for 2Q;
  • High on-time performance (average 84%);
  • Highest load factors in the industry (average 80%). [more]