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Monday, 26 May 2014

Air Costa gains altitude

New Delhi: Regional carrier Air Costa has achieved a higher passenger load factor in April, beating top low-frill airlines IndiGo and GoAir.
Air Costa managed to achieve a load factor of 77.8 per cent, while IndiGo and GoAir clocked 76.9 per cent and 76.1 per cent, respectively, according to data released by the Directorate General of Civil Aviation (DGCA).
Passenger load factor is an indicator of occupancy in an aircraft.
The airline, owned by Vijayawada-based real estate company LEPL Group, is planing to fly on international routes by 2018.
At present, it is looking to start pan-India operations by next year, by when it expects to receive at least three of the 50 Embraers it has ordered

.
“We hope the increase in flights and destinations will help us to increase our market share. We are aiming for at least a 2.5 per cent per month increase in our load factor,” said Air Costa chairman and promoter Ramesh Lingamaneni. The airline, which started operations in October, has a fleet of four, comprising two-types of Embraer aircraft, and flies to Ahmedabad, Bangalore, Chennai, Hyderabad, Jaipur and Vijayawada.
Read news in full 24/05/14 Karan Choudhury/Telegraph

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