September 30, 2016 5:16 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, Managing Director and Director
Age: 60
Managing Director and Director
Age: 43
Chief Financial Officer
Chief Commercial Officer
Executive Vice President of Flight Operations
Compensation as of Fiscal Year 2016.

Go Airlines (India) Ltd. Key Developments

GoAIR Plans For An IPO Likely Next Year

Go Airlines (India) Ltd., part of the Wadia Group is planning to go for an initial public offer by the end of FY17-18. SBI caps, Kotak Mahindra, Edelweiss and Motilal Oswal hired to manage the offer.

Go Air Announces Executive Changes

Wolfgang Prock-Schauer, the CEO of Go Air has been promoted as its Managing Director. Prock-Schauer will now become a member of the company's board. He will retain his post of CEO in Go Air and share that of MD with Jeh Wadia who is currently in that position.

Go Airlines Seeks IPO

Go Airlines (India) Ltd. is considering IPO. GoAir is said to be planning a $150 million-IPO and according to earlier reports, has appointed Goldman Sachs, Bank of America Merrill Lynch and Kotak Mahindra to manage the offer.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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