Indus Airways to take off again by 2011

New Delhi: Indus Airways had begun flying on the Delhi-Chandigarh-Mumbai route in 2006 but shut shop within a year because of financial woes. It now plans to start its scheduled services by the end of this year or early 2011. It is initially planning to fly with five to six small aircraft, including CRJs and Embraers, on the regional routes.
“At the moment, we are formulating the plans. We hope to start operations in the next six to eight months. To start with, we will not fly on trunk routes. We will focus on good profitable regional routes first,” Sudeep Sehgal, chief financial officer (CFO), Indus Airways, said. Indus Airways, promoted by liquor company Mohan Meakin, owned by Mohan family, has sought the ministry of civil aviation’s approval to obtain a no-objection certificate (NoC) to operate scheduled air transport (passenger) services. According to an aviation ministry official, the empowered committee constituted to examine proposals of air transport services and import of aircraft has recommended Indus’ proposal to the minister’s office. The company has plans to focus primarily on business clientele.
06/05/10 Parul Chhaparia/mydigiatalfc.com

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Categories: Indus Airways May 2010