The initial plan in the first phase is for 10 million and another 10 million in the next, but based upon the projected demand we may complete the phases together, said a GVK spokesperson.
The company slashed its manpower 8-9% last year even as it made its functions more technology driven.
Airline’s average yield or ticket per passenger fell 5.4% while revenue per available seat kilometer fell 3.1% leading to a fall in net profit.
GVK via GVK Airport Holding owns 50.5% in the Mumbai International Airport Ltd. (MIAL), the consortium that runs the existing airport in Mumbai.
That, GoAir’s CEO Cornelis Vrieswijk said in a recent interview, is what this airline aims to do as well. But that will take time.
Earlier, Airbus subsidiaries Navblue and Aerial signed contracts with three Indian startups, accelerated at Airbus Bizlab India, in fields of aeronautical data services, flight operations and imagery.
The airline has an existing fleet of 13 Airbus A320ceo and 8 A320neo aircraft. It has an impending delivery for one A320neo due in September 2018.
Over the next year or so, as many as 1,000 pilots may be needed to fly new aircraft as they are added to the schedules, rising to 10,000 in a decade, it’s estimated.
The new international airport will be built on 1,160 hectares in phases and will eventually cater to 60 million passengers per year.
Neither the plane maker nor the engine manufacturer “are very supportive” towards their customer on this issue.
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