The government will start a new airline based out of Guwahati which would connect all state capitals in the Northeast, according to a report in The Economic Times.
The new airline will be a subsidiary of Pawan Hans Helicopters Ltd and is likely to operate a fleet of 6 fixed-wing planes and 5 helicopters, the report said.
Pawan Hans Helicopters Ltd will own 51 per cent of the subsidiary which will have an equity base of Rs 150 crore. The rest will be owned by North Eastern Council (NEC).
Department of North Eastern Region minister Jitendra Singh took this decision after meeting chief ministers from all Northeastern states.
To Read the News in Full 08/07/16 Business Today
The new airline will be a subsidiary of Pawan Hans Helicopters Ltd and is likely to operate a fleet of 6 fixed-wing planes and 5 helicopters, the report said.
Pawan Hans Helicopters Ltd will own 51 per cent of the subsidiary which will have an equity base of Rs 150 crore. The rest will be owned by North Eastern Council (NEC).
Department of North Eastern Region minister Jitendra Singh took this decision after meeting chief ministers from all Northeastern states.
To Read the News in Full 08/07/16 Business Today
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