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August 04, 2015 6:50 AM ET

Airlines

Company Overview of Go Airlines (India) Ltd.

Company Overview

Go Airlines (India) Ltd. operates as a low-fare passenger air carrier in India. The company operates daily and weekly airlines. Its airline tickets are available through its online portal; other distribution mediums, including GoTravel Agents or GoCallCentre; and at the airport counters. The company was incorporated in 2004 and is based in Mumbai, India with airport offices in Ahmedabad, Bagdogra, Bengaluru, Chandigarh, Chennai, Delhi, Goa, Guwahati, Jaipur, Jammu, Kochi, Kolkata, Leh, Lucknow, Mumbai, Nagpur, Patna, Port Blair, Pune, Ranchi, and Srinagar. Go Airlines (India) Ltd. operates as a subsidiary of The Bombay Dyeing and Manufacturing Company Limited.

1st Floor

C-1, Wadia International Centre (WIC)

Pandurang Budhkar Marg

Worli

Mumbai,  400 025

India

Founded in 2004

Phone:

91 22 6741 0000

Fax:

91 22 6741 0001

Key Executives for Go Airlines (India) Ltd.

Chief Executive Officer
Age: 59
Managing Director and Director
Age: 41
Chief Financial Officer
Chief Commercial Officer
Executive Vice President of Flight Operations
Compensation as of Fiscal Year 2015.

Go Airlines (India) Ltd. Key Developments

GoAir Names Wolfgang Prock-Schauer as CEO

GoAir announced that it has named Wolfgang Prock-Schauer as the new chief executive officer (CEO). Prock-Schauer was CEO of Jet Airways (India) Ltd. between 2003 and 2009. Prior to joining GoAir, Prock-Schauer held the position of CEO and executive director of Air Berlin. In March 2015, GoAir CEO Giorgio De Roni resigned without citing any reasons.

Qatar Airways Reportedly In Talks With Go Airlines

Qatar Airways Limited is in talks with Go Airlines (India) Ltd. Giorgio De Roni, Chief Executive Officer of Go Airlines declined to confirm names. Giorgio De Roni said that discussions on the matter were underway, but nothing had been finalized yet.

GoAir Provides Earnings Guidance for the Fiscal Year 2014

GoAir provided earnings guidance for the fiscal year 2014. For the year, the company is expected to end the year with a break-even result or a modest profit which is disappointing after a promising first quarter.

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