Go Airlines (India) Ltd. elevated its present chief executive officer (CEO) Wolfgang Prock-Schauer as the managing director the decision was taken by the board of directors. After this elevation, he will now become a member of the company’s board. He will also hold twin charge of both CEO & managing director.
Prock-Schauer, who joined the company in June 2015, will hold the managing director’s post along with the promoter of GoAir Jeh Wadia. Prock-Schauer will now become a member of the company’s board. He will retain his post of CEO in Go Air and share that of MD with Jeh Wadia who is currently in that position.
About Go Air :
GoAir is an Indian Low cost carrier based in Mumbai. As of January 2014, it is the fifth largest airline in India by market share. It operates domestic passenger services to 22 cities with over 140 daily flights and approximately 975 weekly flights. Its hubs are at Chhatrapati Shivaji International Airport, Mumbai and Indira Gandhi International Airport, New Delhi. The airline currently operates over 140 daily flights and approximately 975 weekly flights across 22 destinations.
- In November 2005, GoAir launched its operations as a low-fare carrier with the objective of commoditizing air travel and offering airline seats at a marginal premium to train fares across India.
- The airline’s IPO plans have been held up because of the delay in deliveries.
So lets do:
- Who is the Managing Director of GoAir?
- GoAir is an Indian Low cost carrier based in _____.
Source The Hindu