Chennai: At a time when aviation players are going through turbulent times, Coimbatore-based CMC (Coimbatore Marine College) group is venturing into the aviation industry by launching a low-cost carrier (LCC) under the brand Air Carnival. The company has stated that the airline's first flight would be ready for take off by the end of this month or early next month. To begin with, the airline will focus only the southern markets during the first one year.
The airline would focus on short haul services and deploy ATR-72-500 aircraft for the same. The promoters are infusing around $12 million and plan to take three aircraft on lease.
Manish Kumar Singh, chief executive officer, Air Carnival Pvt Ltd told Business Standard that the airline is expecting the Air Operator's Permit (AOP) in the next 6-7 days and it want to start operations by June end or first week of July, no later. Initially it is looking at Coimbatore-Chennai-Madurai sectors.
The airline will start with one aircraft and two more will be added within the next two-and-a-half months. These 70-seater aircraft are more economical for short-haul services and they are proven one in India, said Singh.
14/06/16 TE Narasimhan/Business Standard
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The airline would focus on short haul services and deploy ATR-72-500 aircraft for the same. The promoters are infusing around $12 million and plan to take three aircraft on lease.
Manish Kumar Singh, chief executive officer, Air Carnival Pvt Ltd told Business Standard that the airline is expecting the Air Operator's Permit (AOP) in the next 6-7 days and it want to start operations by June end or first week of July, no later. Initially it is looking at Coimbatore-Chennai-Madurai sectors.
The airline will start with one aircraft and two more will be added within the next two-and-a-half months. These 70-seater aircraft are more economical for short-haul services and they are proven one in India, said Singh.
14/06/16 TE Narasimhan/Business Standard
