Chennai: Air Carnival's maiden flight will take off on July 18. The airline plans to focus on short haul services with its ATR72-500. The promoters are infusing around $12 million to take three aircrafts on lease.
Manish Kumar Singh, chief executive officer, Air Carnival, told Business Standard that the airline said first flight will be on the Coimbatore-Chennai-Madurai sectors.
While it kept Re 1 as fare for the first flight, for the first three months it kept the tariff as Rs 999.
The airline will have daily services for 10 sectors, including three daily flights from Chennai to Coimbatore (up and down) and two daily flights from Chennai to Madurai (up and down).
The 70 seater aircrafts are more economical for short haul services, said Singh.
The airline will start with one aircraft and will add the second by September end and third by October. Once the new aircrafts are inducted, it will look at Bangalore, Tirupathi, Hubli and Trivandrum to expand.
For the next one year, the company will focus on the Southern Indian market and later it will look at the Northern markets.
The airline said around 25-30% would be new routes, in which no other airline is operating.
For example, the airline is contemplating to start a service between Coimbatore and temple town of Tirupathi in Andhra Pradesh. Similarly, it is also planning to start a service between Chennai and Mysore.
The promoter CMC Group will infuse around $12-15 million (of which $5 million has already been invested) initially, which will fund to acquire atleast 3-5 aircraft.
14/07/16 TE Narasimhan/Business Standard
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Manish Kumar Singh, chief executive officer, Air Carnival, told Business Standard that the airline said first flight will be on the Coimbatore-Chennai-Madurai sectors.
While it kept Re 1 as fare for the first flight, for the first three months it kept the tariff as Rs 999.
The airline will have daily services for 10 sectors, including three daily flights from Chennai to Coimbatore (up and down) and two daily flights from Chennai to Madurai (up and down).
The 70 seater aircrafts are more economical for short haul services, said Singh.
The airline will start with one aircraft and will add the second by September end and third by October. Once the new aircrafts are inducted, it will look at Bangalore, Tirupathi, Hubli and Trivandrum to expand.
For the next one year, the company will focus on the Southern Indian market and later it will look at the Northern markets.
The airline said around 25-30% would be new routes, in which no other airline is operating.
For example, the airline is contemplating to start a service between Coimbatore and temple town of Tirupathi in Andhra Pradesh. Similarly, it is also planning to start a service between Chennai and Mysore.
The promoter CMC Group will infuse around $12-15 million (of which $5 million has already been invested) initially, which will fund to acquire atleast 3-5 aircraft.
14/07/16 TE Narasimhan/Business Standard
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