Established in 2005 and wholly-owned by the Wadia Group, GoAir is a low-cost carrier based at Chhatrapati Shivaji International Airport in Mumbai with a secondary hub at Indira Gandhi International Airport. The carrier operates an extensive network of domestic services within India using Airbus A320 family aircraft.
GoAir is planning for an IPO after announcing privatisation plans in 2015. It is seeking to raise around USD150 million to USD175 million with reports indicating the LCC's parent firm, Wadia Group, would dispose of a 23% stake in the airline. In Dec-2016, GoAir delayed its IPO plans to 2018.
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