Monday, March 15, 2010

Religare plans aviation foray with north-east flying ops

New Delhi: The Malvinder Singh-promoted Religare is planning to enter the passenger aviation segment by undertaking flying in north-eastern India.
Under the umbrella of its subsidiary company, Religare Voyages, the company has sought necessary regulatory approvals from the civil aviation ministry and the air safety regulator Directorate General of Civil Aviation (DGCA). “We are planning to launch dedicated passenger services in the north-eastern region, which is relatively underserved when it comes to air connectivity,” said Sanjay Godhwani, CEO and Managing Director, Religare Voyages.
The company intends to get clearance for a non-scheduled operating permit — which is granted for carrying out chartered operations — from the ministry to run these operations in the north east. “Under the NSOP category, we will be applying for a special permission for providing regular passenger services. We intend to bring passengers from the remote areas of the north east to Guhawati. From Guwahati, many private airlines connect to the rest of the India,” said Godhwani.
The company will deploy eight-seater turbo props which it intends to upgrade to 11-12 seater aircraft.
15/03/10 Smita Aggarwal/Indian Express
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