Goshawk deliver first of two A320neo aircraft to GoAir

Goshawk today announced the acquisition of one Airbus 320neo aircraft on long- term lease to GoAir. The delivery is the first of a two-aircraft transaction from GoAir’s direct order with Airbus, with the second neo scheduled to deliver early in 2017.

The aircraft is Goshawk’s sixth A320neo, which is in line with the lessor’s strategy of building a fleet of liquid, new technology aircraft. In addition, Goshawk has one A320ceo currently on lease with GoAir.

Goshawk’s total delivered fleet is now 73 aircraft, comprised largely of young, fuel- efficient narrow body jets on lease to 37 airlines in 28 countries. There are commitments in place for a further 17 aircraft scheduled to deliver over the next year.

Peter Watson, CCO of Goshawk commented, “Goshawk is very pleased to build our relationship with GoAir with the delivery of this A320neo. The A320neo aircraft is one of the most in-demand single aisle aircraft in the world, benefitting from the most fuel efficient engines, and will be a cornerstone of the Goshawk fleet.”

Krishnan Balakrishnan, CFO of GoAir commented, “We look forward to launching further new routes with the addition of this A320neo, the fourth in our fleet. We are happy to partner with Goshawk on this acquisition and we look forward to strengthening our partnership in the coming years”

Go Airlines (India) Ltd. is a Company in the Wadia Group which has a business heritage spanning 275 years. GoAir’s fleet consists of state-of-the-art single configuration Airbus 320 aircraft. The present strength of the fleet is 23 with four A320neos in service. GoAir will further receive 140 A320neo aircraft between 2016 and 2025. Currently the airline operates across 23 destinations over 140 daily flights and 975 weekly flights.