NEW DELHI: GoAir is believed to be mulling over bringing in a new equity partner from among three aspirants, including a leading Indian corporate and a global venture capitalist - a move that would help the Wadias- promoted airline to expand its fleet to 40 aircraft by 2012.

Ahead of advancing the negotiations, the budget carrier has been valued at up to Rs 1,600 crore (350-400 million dollars) by a leading international consultancy firm.
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