New Delhi: Alok Sharma-promoted Air One is looking at commencing
operations of a national scheduled carrier by the middle of next year.
Sources say, Sharma, who recently received a no-objection certificate to
start a full-service airline from the government, has plans to import
six or seven aircraft in the first year of operations.
At present, Air One is in the process of studying the feasibility of inducting A320 or Boeing 737 aircraft to start operations. The aircraft type will soon be determined by the proposed venture, after which, it will apply to the ministry of civil aviation for an import licence. Sharma is confident about the growth of the domestic aviation market. "Everyone is enthusiastic about the Indian growth story. So are we. It is an expanding market," he said.
He, however, refused to share the detailed plans of his start-up, as the airline is yet to secure all regulatory approvals from the ministry and the regulator, Directorate General of Civil Aviation.
Industry sources said Sharma was considering floating a new airline to cash in on the latent traffic potential in the domestic market.
Read news in full 16/10/14 Sharmistha Mukherjee/Business Standard
At present, Air One is in the process of studying the feasibility of inducting A320 or Boeing 737 aircraft to start operations. The aircraft type will soon be determined by the proposed venture, after which, it will apply to the ministry of civil aviation for an import licence. Sharma is confident about the growth of the domestic aviation market. "Everyone is enthusiastic about the Indian growth story. So are we. It is an expanding market," he said.
He, however, refused to share the detailed plans of his start-up, as the airline is yet to secure all regulatory approvals from the ministry and the regulator, Directorate General of Civil Aviation.
Industry sources said Sharma was considering floating a new airline to cash in on the latent traffic potential in the domestic market.
Read news in full 16/10/14 Sharmistha Mukherjee/Business Standard
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