Go First, previously known as GoAir, has recently filed for bankruptcy in India.
As the airline suspends its operations, Cirium Data has revealed the scale of Go First’s operations, showing the significant impact the airline’s closure may have on India’s aviation industry.
According to Cirium Data, Go First was the fifth largest airline in India by scheduled departures as of May 2023, operating around 6,225 flights this month alone.
With an all-A320 fleet, the airline was set to serve 34 destinations across Asia in May 2023, with its largest operations being at Delhi Airport and Mumbai Airport respectively.
The airline’s fleet, with an average age of only 5.6 years, was known for its modernity and efficiency.
Despite its relatively small size compared to other major Indian airlines, Go First had a strong presence in the Indian market.
The airline was particularly popular with budget-conscious travelers and served a range of domestic and international destinations, including Bangkok, Dubai, and Muscat.
The airline’s closure has come as a surprise to many in the aviation industry, particularly given the strong growth potential of the Indian aviation market.
Over the past few years, the Indian government has taken steps to liberalize the aviation sector, which has resulted in increased competition and lower fares for consumers.
With a rapidly expanding middle class and a growing appetite for travel, many airlines have seen significant growth opportunities in the Indian market.
However, the pandemic has hit the aviation industry hard, with many airlines struggling to stay afloat due to reduced demand and travel restrictions.
Go First was not immune to these challenges, and it is likely that the pandemic played a role in the airline’s decision to file for bankruptcy.
The closure of Go First will undoubtedly have a significant impact on the Indian aviation industry, particularly in terms of competition and pricing.
With one less airline in the market, consumers may face higher fares, while other airlines may have more control over pricing and route options.
