Go Air Is Going
Jayashree / 09 Nov 2009
BSE : 500020
CMP : 364
Volume : 35723
If our sources are to be believed then Go Air, promoted by Nusli Wadia group, may soon see change in the management control. Our sources reveal that Wadia is not very happy with the performance of Go Air and also don’t see synergy of the airline with the existing group business activities. Foreign firms may be interested in taking some strategic stake in the airlines. If that happens, it may lift sentiment on Wadia group companies like Bombay Dyeing, Britannia and Bombay Burmah.
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