Indus Air stops operations

Mumbai: Indus Air, a regional airline, has suspended operations from last week, just three months after its commercial launch.
Sources from the government said financial problems had led to the suspension of operations. Operated as a full-service airline from mid-December 2006, Indus Air was promoted by liquor company Mohan Meakins.
Indus Air Director Krishnan Gopal Beri confirmed the suspension of commercial operations.
An airport representative of Indus Air said the passengers who had booked tickets in advance would get refunds.
Indus Air, which holds a scheduled operating licence, was connecting feeder routes such as Amritsar and Chandigarh to Mumbai and Delhi with two 50-seater Bombardier CRJ 200 aircraft. A senior government official pointed out that the airline had failed to pay lease rentals of its two aircraft, which led to cancellation of registration of the aircraft.
03/04/07 P R Sanjai/Business Standard

To Read the News in full at Source, Click the Headline

Categories: General Aviation Apr 2007, Indus Airways Apr 2007, Legacy Airlines Gl Apr 2007