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February 14, 2016 6:51 PM ET


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


Mumbai,  400 025


Founded in 2004


91 22 6741 0000


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

Go Airlines Seeks IPO

Go Airlines (India) Ltd. plans to come out with its initial share sale offer in the next financial year amid uncertainty over delivery of new Airbus aircraft, key for the no-frills carrier’s growth strategy.

GoAir Plans Fleet Expansion in Five Years

GoAir is set to increase its existing fleet size in the next five years staring from 2016. The move will help the airline in expanding operations and increase the frequency of its flights on the existing routes in the domestic market. The Wadia group owned airline, which currently has 20 aircraft, will start receiving 72 A320 Neo aircraft from the Airbus by 2020.

Go Air Seeks IPO

Go Airlines (India) Ltd. is considering an initial public offering (IPO) and has begun talks to appoint bankers, three sources directly involved in the process said. Bankers made presentations to the company earlier this week, the people said, adding that it was early to say whether the company would sell new shares or existing shareholders will reduce their stakes in the planned public offering.

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