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GoAir to invest in engineering, ground services and cargo |
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Each division will operate independently of the carrier, and will have separate CEOs reporting to Jeh Wadia, Managing Director of GoAir. The carrier has already formed a JV with SIA Engineering to establish an engineering facility. The new business units have been named; GoEngineering, GoGround Services and GoCargo.
The carrier also announced plans to expand its fleet to 18 aircraft by 2009 and 35 aircraft by 2011. Wadia stated, “This is a conservative plan and will be revised to more aggressive growth once the industry shows signs of improvement”.
Meanwhile, Wadia denied reports he was stepping down.
Date posted: 06-Jul-07