After leasing two plane from IFSCA Present Metropolis, Goa-based FLY91 has now approached the authorities to arrange its personal unit at Present Metropolis. The airline has plans to induct over 30 plane within the subsequent 5 years, and is more likely to route them by means of its plane leasing unit at Present Metropolis.
In line with sources at IFSC, “The corporate made an software final week and proposed to make an funding of roughly ₹5 crore. It has stated that the stated investments will probably be made by means of FLY91’s personal fund. It has plans to induct 30 plane within the subsequent 5 years. It goals to lease no less than just a few, if no more, by means of this unit. The corporate will make use of 4 folks at Present Metropolis, it stated. Their software is into account.”
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FLY91 is a regional airline based mostly in Goa, India. They goal to attach smaller cities throughout India by including extra flights to those locations. The airline plans to have 30 airplanes and join over 50 cities throughout the subsequent 5 years. They selected ATR 72-600 plane for his or her fleet, that are well-suited for serving smaller airports.
In response to businessline’s question, Manoj Chacko, MD and CEO at FLY91, confirmed and stated, “Present Metropolis is a tremendous initiative of the federal government of India for Indian aviation, with large brief and long run advantages.” He added, “As a properly capitalised startup airline run by professionals, our intention is to neatly leverage these advantages. With a plan to induct 30 plus plane over the subsequent 5 years, Present Metropolis turns into an integral a part of the plan. Our first two plane are already leased by means of Present Metropolis.”
When requested if the corporate plans to induct all of the 30 plane from Present Metropolis, Chacko stated that the corporate will play by the ear.
FLY91 has already leased two plane from Present Metropolis’s Vman Aviation earlier.
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The airline began operations on March 18, 2024. In line with the DGCA web site, it carried over 1300 passengers in March, and over 4,000 passengers in April.
In the meantime, on Saturday, the airline introduced that it has added new flights connecting Jalgaon and Pune, making Pune their seventh home vacation spot and rising Goa-Jalgaon flight frequency to each day.
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