Wadia group to start cargo airline

Decision likely in a month or two

BY A CORRESPONDENT
March 24, 2006

The promoters of low-cost airline GoAir, Wadia group is planning to start a cargo airline. The decision on this will be taken in a month or two and the proposed cargo airline is supposed to be named GoCargo, according to Jeh Wadia, Managing Director, GoAir.

The Wadia group also has plans to invest in other areas of aviation industry including a training institute for technical staff. The proposed cargo airline from GoAir and the other investments would be separate investments and would not come under the GoAir banner, said Managing Director.

Mr Wadia said there was tremendous scope for a cargo airline in India and the group planned to tap this potential. Also, he anticipated an increase in demand for technical personnel and pilots following the huge growth in the air passenger traffic.

GoAir recently signed an agreement with the Board of Control for Cricket in India (BCCI) and will be the official airline for the India-England one-day international cricket series starting April 1. Special GoAir flights will be operated to all venues for the matches carrying players of both the teams, national and international media persons.

GoAir, which started operations on November 4, 2005, now has 20 flights a day covering 11 cities.