Budget carrier GoAir on Tuesday said it has placed orders for purchase of 20 Airbus A320 aircraft to add to its current fleet of five.
Eight of these aircraft are expected to join the fleet by December 2006 and the remaining by 2008, GoAir managing director Jeh Wadia told reporters in Chennai.
Asked about the funding for the purchase of aircraft, he said it would be from equity, but refused to disclose investments made by the Wadia Group in the airline venture.
Wadia said the airline was proposing to float separate companies in the near future for training engineers and pilots.
He also announced that the carrier has been selected by the Indian cricket board to fly Indian and English players during the one-day series to be played from April 1.
As part of a sales promotion drive, spare seats on the planes carrying the team members would be auctioned to enable the public travel with the players, he said.Click here to search for lowest airfares!
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