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Go Airlines (India) Limited (India)

Main Activities: Nonscheduled Chartered Freight Air Transportation
Full name: Go Airlines (India) Limited Profile Updated: August 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Go Airlines India Limited, located in New Delhi, is a low-cost carrier (LCC) that aims to provide affordable and accessible air travel to the masses. It is the aviation arm of India's Wadia Group, which is a part of one of the oldest conglomerates in India with a presence in various industries. Go Airlines was incorporated on April 29, 2004, and started its flight operations in November 2005. The company has a fleet of 59 aircraft, including 54 A320 NEO aircraft and 5 A320 CEO models. It has been recognized as the industry leader for on-time performance and has had the least flight cancellations in fiscal 2021. Go Airlines prioritizes safety and security by maintaining its aircraft and engines, providing extensive training to its staff, and adhering to strict policies and procedures in compliance with local regulations and international standards. The company offers various services such as in-flight menu options, SMS notifications, pre-booking of seats and refreshments, priority check-in, and travel insurance. Go Airlines (India) Limited is a public company registered with the Registrar of Companies in Delhi. Its current status is active, and its operating revenues range is over INR 500 crore for the financial year ending on March 31, 2022.

Headquarters
C-1 Wadia International Centre (Wic) Pandurang Budhkar Marg Worli Mumbai In-Mh In 400025
Mumbai; Maharashtra; Postal Code: 400025

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 29, 2004
Key Executives
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Promoter Director
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Promoter Director
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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20.73%
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0.49%
Subsidiaries
Goground Aviation Services Private Limited
99.94%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
92.65%
Total operating revenue
92.65%
Operating profit (EBIT)
N/A
EBITDA
-17.48%
Net Profit (Loss) for the Period
-107.69%
Total assets
14.19%
Total equity
-7.9%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-3.13%
Return on Equity (ROE)
35.43%
Debt to Equity Ratio
-26.14%
Quick Ratio
0.08%
Cash Ratio
0.1%

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