GoAir names Wolfgang Prock-Shauer new CEO

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Mumbai | Published: June 1, 2015 12:18:36 AM

The appointment of Austrian national Prock-Shauer will be effective from June 15, a GoAir statement said

Low-cost carrier GoAir on Sunday said it has appointed industry veteran and former Jet Airways chief executive, Wolfgang Prock-Shauer who has over 34 years of experience, to head the airline.

The appointment of Austrian national Prock-Shauer, who was a part of the management board of German airline Airberlin till last February, will be effective from June 15, a GoAir statement said.

Prock-Shauer will succeed Italian airline professional, Giorgio De Roni, who quit the job with the Mumbai-headquartered airline in March this year.

Jeh Wadia, GoAir’s managing director, said in a statement that Wolfgang Prock-Schauer’s rich experience in the industry will add value to the airline’s business.

De Roni is credited for turning around the operations of the airline, which reported profits during his four years at the helm of the airline. The Italian was also responsible for expanding the airline. He had placed a huge order of 72 airbus A320 neo (new  engine options) aircraft, the first of which are expected to be inducted by 2016.

“We are analysing opportunity to add some more aircraft as we want to have a young fleet which saves us money in terms of fuel consumption and maintenance costs,” De Roni had told FE in an exclusive interview last year.

“Chinese commercial airlines have about 1,500 aircraft while their Indian counterparts have just 450 aircraft though the population of both nations are more or less the same. So, there is definitely space for more airlines in the country and scope for growth for its airlines,” De Roni had added.

Wadia said that the airline made significant improvements in its operating revenue and EBITDA during the last fiscal.

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