FLY91 eyes Noida and Navi Mumbai airports as its bases
AVIATION & AIRPORTS

FLY91 eyes Noida and Navi Mumbai airports as its bases

Regional airline FLY91 is planning to establish bases at the forthcoming airports in Noida and Navi Mumbai as part of its growth ambitions. With a fleet of two aircraft, the airline, which has its base in Goa's Mopa airport, began operations in March and presently serves seven destinations. According to Manoj Chacko, the MD and CEO of the airline, by the end of this year, the airline will have six aircraft. He mentioned during a conversation with reporters at the CAPA India Aviation Summit 2024 that the airline was actively considering Noida and Navi Mumbai airports to establish one of its bases. It was also stated that the carrier was exploring opportunities to establish multiple bases in the country, with Chacko highlighting the flexibility of its business model. The airline aimed to have five bases and connect 50 destinations within five years, as per Chacko. He indicated that the second phase of expansion would occur in the following financial year. The carrier, based in Goa and operating a fleet of 70-seater ATR 72-600 aircraft, had raised $25 million. Chacko expressed the airline's aim to break even in the latter half of the subsequent financial year. Chacko, along with former Fairfax India head Harsha Raghavan and others, promoted the airline.

Regional airline FLY91 is planning to establish bases at the forthcoming airports in Noida and Navi Mumbai as part of its growth ambitions. With a fleet of two aircraft, the airline, which has its base in Goa's Mopa airport, began operations in March and presently serves seven destinations. According to Manoj Chacko, the MD and CEO of the airline, by the end of this year, the airline will have six aircraft. He mentioned during a conversation with reporters at the CAPA India Aviation Summit 2024 that the airline was actively considering Noida and Navi Mumbai airports to establish one of its bases. It was also stated that the carrier was exploring opportunities to establish multiple bases in the country, with Chacko highlighting the flexibility of its business model. The airline aimed to have five bases and connect 50 destinations within five years, as per Chacko. He indicated that the second phase of expansion would occur in the following financial year. The carrier, based in Goa and operating a fleet of 70-seater ATR 72-600 aircraft, had raised $25 million. Chacko expressed the airline's aim to break even in the latter half of the subsequent financial year. Chacko, along with former Fairfax India head Harsha Raghavan and others, promoted the airline.

Next Story
Infrastructure Energy

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Next Story
Real Estate

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Next Story
Infrastructure Energy

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement