GoAir roars back to life with triple digit growth

India’s GoAir is one of the world’s fastest growing airlines at present. Ministry of Civil Aviation (MoCA) reports GoAir’s passenger numbers increased by 162% year-on-year in Aug-2009, to 207,000 passengers, compared to a 25.6% year-on-year increase in domestic traffic across the entire Indian market during the month. [537 words]

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This report contains the following subheadings:

• Bombay Dyeing Group reportedly looking to sell stake
• GoAir slashes fares as Indian LCCs look to combat full service carriers

This report contains the following charts and tables:

• GoAir passenger numbers and passenger numbers growth (% change ear-on-year): Jun-2008 to May-2009
• Indian domestic passenger load factors in Aug-2009
• GoAir market share growth: Sep-2008 to Aug-2009