GoAir names Wolfgang Prock-Shauer as new CEO

GoAir names Wolfgang Prock-Shauer as new CEO

FPJ BureauUpdated: Saturday, June 01, 2019, 01:21 AM IST
article-image

New Delhi : Budget carrier GoAir today named Austrian national and former Jet Airways official Wolfgang Prock-Shauer as its new chief executive officer, saying his 34 years of experience in the industry will add immense value to the airline’s business. The airline also said that its operating revenue has surged by 21% in the previous fiscal on the back of a 13.2% rise in the passengers growth during the period.

GoAir MD Jeh Wadia said in statement, “With his rich experience of 34 years in the industry, we are confident Wolfgang will add immense value to our business.”     Prock-Shauer would take the place of Giorgio De Roni, who quit GoAir as its chief executive on March 31 due to health reasons after serving the carrier for nearly four years.        His appointment as the new CEO is effective from June 15, the airline said. This is the second time in last 12 years when Prock- Shauer will be serving an Indian carrier as earlier he worked with another Mumbai-based airline, Jet Airways, as its chief executive, a position which he held till October 15, 2009. The no-frills airline currently operates over 2,000 weekly flights across 21 domestic destinations with a fleet of 19 Airbus A320 planes.

RECENT STORIES

Divorce Disputes Spill Over To Board Room: Nawaz Modi Alleges Gautam Singhania; Uses Personal...

Divorce Disputes Spill Over To Board Room: Nawaz Modi Alleges Gautam Singhania; Uses Personal...

Meta Shares Crash Over 10% As Anxiety Over Success Of AI Surges

Meta Shares Crash Over 10% As Anxiety Over Success Of AI Surges

Land Rover Defender Octa: Most Powerful Version Set to Debut on July 3rd

Land Rover Defender Octa: Most Powerful Version Set to Debut on July 3rd

UK-TIK TOK Ban: How Other Countries are Restricting it

UK-TIK TOK Ban: How Other Countries are Restricting it

Shriram Finance Q4 Results Announces a 150% Dividend, 450% Dividend in a Year

Shriram Finance Q4 Results Announces a 150% Dividend, 450% Dividend in a Year