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Go aiming to double passengers by next year

(20 November 2001)

GO IS aiming to double the number of passengers it carries, boost the number of aircraft it flies and increase its staff to over 1,000 by next year, according to chief executive Barbara Cassani.

The low-cost carrier set out its plans for the future after reporting a 50% increase in pre-tax profits for the six months to September 30, a 44% increase in turnover and a similar percentage rise in passenger numbers on the same time last year. Two million passengers travelled with Go in the six months to the end of September.

Cassani said: “Recent developments in the airline industry have presented opportunities for the low cost sector. We are continuing to reduce costs to protect profits in this new lower yield environment, and our strategy remains clear - we will continue to grow by adding new routes and bases.”

Go will also take advantage of a drop in aircraft leasing costs to add to its fleet, said Cassani.

 

Lydia Wilson