June 8, 2023
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New regional airline ‘Fly91’ to take wings with initial investment of INR 200cr

By 377
Convergent Finance LLP (Convergent), in collaboration with Manoj Chacko (WNS Global Services), will soon launch ‘Fly91’, a pure-play domestic regional airline. The initial investment into the venture will be INR 200 crore, reports The Federal. Harsha Raghavan, Managing Partner at Convergent Finance, will be Fly91’s Chairman and Chacko will be the airline’s CEO. Chacko has Continue Reading
Aviation Top Stories

1.13 lakh domestic air passengers in June, 47% higher than in May: DGCA

By 1542
Around 31.13 lakh domestic passengers travelled by air in June, 47 per cent higher than the 21.15 lakh who travelled in May, the country’s aviation regulator said Monday, reports PTI. According to the Directorate General of Civil Aviation (DGCA), 57.25 lakh people had travelled within the country by air in April. The drop in domestic […]Continue Reading
Aviation Top Stories

Airlines in India to reach 80% of pre-Covid capacity by Q3: Morgan Stalney

By 1625
Indian aviation industry will bounce back to 80% of pre-Covid capacity during October-December 2021 period as about 9.2 crore domestic passengers are expected to take to the skies during financial year (FY22) and 14.4 crore during FY23, Morgan Stalney Research said in a recent report on the aviation sector. “Overall, we estimate 9.2 crore domestic […]Continue Reading

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