GoAir appoints Edgardo Badiali as CEO
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.
UNI