GoAir to acquire 10 Airbus A320 planes

Indian budget airline company GoAir has confirmed that they are acquiring ten Airbus A320 planes. The Wadia Group owned Airline Company has also taken an option to buy 10 more A320 planes.

The Airbus A320 planes are worth around $670 million at list prices.

Interestingly, this deal was announced on the first day of the Farnborough International Airshow and was the only confirmed order for Airbus planes.

GoAir said that they expect to take the deliveries of these planes starting from next year. This would help them expand the number of flights they operate in the domestic market of India.

GoAir Managing Director Jeh Wadia spoke on this new development: “At the moment we are consolidating the routes that we fly on and we are looking at only those routes.”

The company currently uses a leased fleet of A320s for their flights. They currently have no plans to go international and are more interested in expanding their services within the country.

Indian airline operators are once again expected to be the dominating buyers at this ongoing air show.