GOA- The upcoming new regional carrier headquartered in Goa, FLY91, has officially entered into a lease agreement with Dubai Aerospace Enterprise (DAE) Ltd for its first two ATR72s (-600) aircraft.
This acquisition underlines FLY91’s strategic dedication to enhancing air connectivity and meeting the growing demand in tier 2 and tier 3 cities in India.
FLY91 Leases Two ATR72s
FLY91 distinguishes itself through its strong commitment to safety and operational excellence, guided by a team of aviation professionals with extensive experience from leading airlines globally.
As a well-capitalized regional airline, FLY91 is in the process of obtaining its Air Operator Permit, signaling its imminent commencement of commercial operations.
Manoj Chacko, MD & CEO of FLY91, expressed, “India’s aviation sector is undergoing unprecedented growth, and FLY91 takes pride in being a part of this transformative narrative. Our unwavering commitment lies in contributing to the nation’s development through last-mile air connectivity, with a focus on serving unserved and under-served cities in India. As we gear up for take-off, our priority is to deliver safe, reliable, and comfortable flights to our customers. Partnering with DAE in this exciting journey is a privilege, and we appreciate their endorsement of FLY91’s vision to strengthen regional aviation in India.”
Firoz Tarapore, Chief Executive Officer of DAE, added, “We are thrilled to have forged an agreement with FLY91 as their primary operating lessor, supporting their vision to enhance regional connectivity in India. We express gratitude to FLY91 for entrusting DAE as a partner and anticipate deepening this collaboration over time.”
The two aircraft, leased from DAE, are equipped with state-of-the-art technology, ensuring efficiency, safety, and an exceptional passenger experience.
FLY91’s strategic decision to collaborate with DAE underscores the airline’s commitment to operational excellence and its goal to significantly contribute to the growth and connectivity of the Indian aviation sector.
About DAE and FLY91
FLY91, officially known as Just Udo Aviation Private Limited, is a dedicated regional airline headquartered in Goa. It specializes in expanding air connectivity to tier 2 and tier 3 cities in India. Founded by industry veterans and supported by professional funding, FLY91 is steadfast in its commitment to enhancing last-mile air connectivity.
Over the next five years, the airline aims to establish connections to more than 50 cities across India. To realize this vision, FLY91 plans to incorporate 30 aircraft into its fleet, strategically based at multiple hubs throughout the country.
The selection of ATR 72-600 aircraft aligns with this vision, as it is a robust and well-established choice known for ensuring safe, efficient, and sustainable operations for regional airlines on a global scale.
Dubai Aerospace Enterprise (DAE) Ltd stands as a globally renowned aviation services corporation comprising two main divisions: DAE Capital and DAE Engineering. Headquartered in Dubai, DAE extends its services to over 170 airline customers across more than 65 countries, operating from seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York, and Seattle.
DAE Capital, recognized with awards, is an aircraft lessor boasting an owned, managed, and committed fleet that includes approximately 500 aircraft from Airbus, ATR, and Boeing, with a combined fleet value of US$17 billion. On the other hand, DAE Engineering offers regional Maintenance, Repair, and Overhaul (MRO) services to clients in Europe, the Middle East, Africa, and South Asia.
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