Monday, March 26, 2007

MDLR group floats airline, to start operations in April

Mumbai: Come April, India will have one more full service airline in the Indian skies. Gurgaon-based realty firm MDLR group is floating an airline company, MDLR Airlines, which will operate as a regional carrier.
“The commercial launch of MDLR Airlines is expected by the first week of April. We will be flying the BAe AVRO RJ-70, which is a four engine jet with 70 seats. This will be the only airline to serve purely vegetarian food on board,” Koustav M Dhar, president (commercial & special projects) MDLR Airlines, said.
Currently, there are only two carriers operating regional services — Jagson Airlines and Indus Airways. Full service carriers — Indian Airlines, Jet Airways, Air Sahara, Kingfisher Airlines and Paramount Airways — are currently losing market share to low fare carriers such as Air Deccan, SpiceJet, GoAir and IndiGo. The market share of budget carriers was at 34 per cent in January.
Sources said the model of MDLR Airlines is similar to Chennai-based Paramount Airways with business class and first class configuration.
MDLR Airlines will have 6 business class seats and 64 economy seats. The economy fare will start from Rs 1000 and there will four different buckets for Club fares (business class). The airline will start regional operations from cities such as Chandigarh, Delhi, Ranchi and Kolkata. It has also plans to enter western India by connecting Surat, Bhavnagar, Mumbai and Goa.
25/03/07 P R Sanjai/Business Standard/agencyfaqs.com
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