Go First, founded as GoAir,[3] is an Indian ultra-low-cost airline based in Mumbai, Maharashtra. It is owned by the Indian business conglomerate Wadia Group. In October 2017, it was the fifth largest airline in India with an 8.4% passenger market share.[4] It commenced operations in November 2005 and operates a fleet of Airbus A320 aircraft in all economy configuration.
In March 2020, the airline operated over 330 daily flights to 36 destinations, including 27 domestic and nine international destinations, from its bases at Mumbai, Delhi, Bangalore, Kolkata, Hyderabad and Chandigarh,[5] and Kannur.[6][7] The airline is planning to launch an IPO[8] to raise Rs 36 billion from the primary market and has filed a DRHP[9] for the same with Indian stock market regulator SEBI.
Go First was founded as GoAir in November 2005 by Jeh Wadia, son of Indian industrialist Nusli Wadia. The airline is a wholly owned subsidiary of the Wadia Group.[10] GoAir commenced its operations using an Airbus A320 aircraft and operated its inaugural flight from Mumbai to Ahmedabad on 4 November 2005.[10] The airline initially operated with a single aircraft to four destinations including Goa and Coimbatore with plans to induct 36 aircraft by 2008.[11] In March 2008, the airline announced revised plans to operate 11 aircraft and service new destinations in North East and South India by the end of the year.[12] Increasing fuel prices forced Go First to cut down the existing number of flights in June 2008.[13]
