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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code