FLY91 eyes Noida and Navi Mumbai airports as its bases

10 Jun 2024 CW Team

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.

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