New Delhi, Jan 31: GoAir, India's smart fare airline, has appointed Edgardo Badiali as its Chief Executive Officer.
Before this, Mr Badiali was the CEO of Italian low-cost airline MyAir.
He is also the co-founder and member of the Executive Committee of the European Low Fares Airline Association (ELFAA). He has also held various senior positions in leading airlines, including Swiss Air and Jet Airways, in his 27-year career. ''His immense understanding and expertise in the aviation industry will add great value to the day to day operations as well as the growth strategy charted for GoAir,'' Airline MD Jeh Wadia said in a press release today.
Mr Badiali's appointment at the helm of GoAir comes at a time when the airline is on a major expansion plan.
GoAir recorded a whopping 73 per cent growth in the passenger traffic during the nine-months' ended of the current fiscal.
The airline has crossed the milestone of flying over three million passengers. The massive growth in traffic is also complemented by remarkable performance in load factors. During the nine months period, GoAir's load factors averaged to 83 per cent.
The airline has been consistently recording highest load factors since March 2007. GoAir's overall market share has risen to five per cent.
With the onset of the tourist season in India, GoAir is poised to maintain this growth trend in passenger traffic, load factors and market share in the future as well.
As part of its next financial year's operational strategy, GoAir is considering network expansion with addition of new airports.
The East region will be a major area of expansion.