GoAir moderates growth plans owing to rising fuel price, shortage of pilots

Jet Airways reported a loss of Rs 10.45 billion in the last quarter while low-cost carrier IndiGo's profit dipped by 73 per cent

Wadia group-owned airline GoAir has realigned its growth plans owing to rising fuel price, troubles with new plane engines and shortage of pilots.

The airline has charted a modest expansion in the world’s fastest-growing aviation market and is simultaneously looking to lease out some of its old planes, as fuel cost is hurting profit.

According to sources, GoAir had appointed an external consultant to realign its network planning, following which it has decided to maximise frequency on the profitable metro to non-metro routes rather than adding new destinations.

It has also pushed its international foray to Maldives and Phuket to