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Regional aviation looks to fly higher as carriers chart plans
Business Standard
|January 19, 2023
Goa's second airport began operations last week and if all goes according to plans, the state will be the base for a new regional airline, Fly91.
Promoted by the ex-executive vice-president of now grounded Kingfisher Airlines, Manoj Chacko, and Fairfax India's former head, Harsha Raghavan, the airline will offer no-frills buy on board product and serve unconnected routes with two ATR 72 aircraft. An application for the initial noobjection clearance was filed with the civil aviation ministry last week.
"Goa is the eighth largest busiest destination in India with respect to domestic air travel," Chacko said. "It is also one of the leading MICE (meetings, incentives, conferences, and exhibitions) and international charter destinations. People in smaller cities definitely aspire to travel to Goa. More importantly, people from Goa also want to travel out to many cities," he added.
The promoters are investing ₹200 crore in the airline.
Fly91 aims to start operations in September and will join regional airlines such as Star Air and Flybig, which connect tier II and III towns through small aircraft.
This story is from the January 19, 2023 edition of Business Standard.
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