GoAir is formed in year 2005, and is wholly owned by an Indian Business Conglomerate Wadia Group.
GoAir started its operation in November 2005 and has a market share of around 8%, and has become one of the most recognized brand names in the Indian aviation industry. GoAir has its headquarters in Mumbai, India and started its operations in Nov 2005 with a fleet of Airbus A320 aircrafts.
It covers 22 destinations and has its major hubs at Mumbai and Delhi. GoAir covers its destinations through 140 daily flights. This airline has a slow economic growth as compared to its counterpart like Indigo, reason they gave for this is that it is their planned strategy to cope up with tough aviation environment of India.
Moreover, they also want to focus mainly on profitability rather than increasing market share and no of destinations covered. Currently, it has a market share of around 8%. GoAir is planning for an Initial Public Offering (IPO) in 2016.Jehangir Wadia was appointed as the Managing Director of the airline since its beginning in November 2005.GoAir also has a joint managing director named Wolfgang Prock-Schauer from April 2016.
Since it is a low cost carrier, GoAir provides options for ordering in-flight food. The airline also publishes Go-getter- their inflight magazine. Premium services such as free meals, increased baggage allowance, priority boarding etc. GoAir has also won a lot of awards such as Best Domestic Airline for excellent Quality and efficient service by Pacific Area Travel Writers Association in 2008. Also won the title of Best Performing Airline by Airbus .