Wadia Group-promoted low-cost air-carrier, GoAir, has no plans to sell stake or merge with any air-carrier and its focus was on its business plans and enhance its market share.

The airline also said that the Board has taken a decision to not to pursue with any such proposal.
    
"The decision taken by the Board of the company is not to proceed with any such proposal (a buyout or stake sale) and focus on its business plans," GoAir managing director, Jeh Wadia, said in a statement here.
 
The airline had placed order for 20 aircraft in 2006 and it would be taking delivery of all the aircraft as per plan, Wadia said.

The Mumbai-based budget air-line, which  currently has 8 aircraft in its fleet, had placed order with French aircraft manufacturer, Airbus, for 20 Airbus in 2006 for USD 1.2 billion.
    
Earlier, it was reported that Chennai-based Paramount Airways was looking to acquire GoAir in a cash and stock deal.