{"id":33910,"date":"2023-05-30T22:25:14","date_gmt":"2023-05-30T16:55:14","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=33910"},"modified":"2023-06-02T14:01:37","modified_gmt":"2023-06-02T08:31:37","slug":"fly-91-airlines-to-unveil-the-new-look-next-month-exclusive","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2023\/05\/30\/fly-91-airlines-to-unveil-the-new-look-next-month-exclusive\/","title":{"rendered":"Fly 91 Airlines to Unveil the New Look Next Month | Exclusive"},"content":{"rendered":"\n

MUMBAI- <\/strong>The upcoming Indian regional carrier, Fly 91 Airlines<\/a>, will reveal the new look on June 2, according to the source. Further, the airline will utilize the regional aircraft ATR. Subsequently, the airline is named after India\u2019s code 91.<\/p>\n\n\n\n

Ex-Kingfisher executive Manoj Chacko founds the airline. Subsequently, the company received its NOC from the Ministry of Civil Aviation (MoCA) on 25th April.<\/p>\n\n\n\n

The airline will be headquartered in Panjim Goa and will operate flights to and from North Goa Airport. The airline will lease 6 to 8 regional ATR planes each year. Furthermore, the airline has raised 200 Crore INR (Approx. 25 Million US Dollars) from PE Firms.<\/p>\n\n\n\n

\"Fly
Fly 91 New Look | Photo: Mark Taylor, Skies Magazine<\/figcaption><\/figure>\n\n\n\n

What do we know so far about Fly 91 Airlines?<\/h2>\n\n\n\n

According to sources, an aviation veteran from Vijay Mallya\u2019s former Kingfisher Airlines and the man who established the India business for Prem Watsa\u2019s Fairfax Group are joining forces to launch a regional airline in India. The airline will be called Fly91, with \u201c91\u201d representing India\u2019s country code.<\/p>\n\n\n\n

The airline will be led by Manoj Chacko, who previously served as the executive vice president at Kingfisher and later as the chief operating officer and CEO of business travel at travel company SOTC. Chacko will assume the role of CEO for Fly91.<\/p>\n\n\n\n

Fly91 is owned by Just UDO Aviation Private Limited, which Manoj Chacko and a team of co-founders established. The airline\u2019s initial investment of Rs 200 crore will be anchored by Harsha Raghavan through his investment firm Convergent Finance, with Raghavan also serving as a co-founder of Fly91.<\/p>\n\n\n\n

\"The
Photo: Courtesy to its Creator<\/figcaption><\/figure>\n\n\n\n

Fly91 is targeting a segment that the Indian government has been pushing, particularly through its UDAN (Ude Desh ka Aam Nagrik) regional connectivity scheme, aimed at enabling affordable air travel for the common citizen.<\/p>\n\n\n\n

However, it is worth noting that the sector has experienced more failures than successes. With the exception of Star Aviation, most regional airlines in India have closed down operations.<\/p>\n\n\n\n

Will it succeed or fail like other regional airlines? Let us know your thoughts in the comments on our social media pages.<\/p>\n\n\n\n

Stay tuned with us. Further, follow us on social media for the latest updates.<\/p>\n\n\n\n

Join us on Telegram Group <\/a>for the Latest Aviation Updates. Subsequently, follow us on Google News<\/a>.<\/p>\n\n\n\n

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India’s New Fly 91 Airlines Unveiled its Brand and Logo | Exclusive<\/a><\/blockquote>