Business Daily from THE HINDU group of publications Friday, Sep 01, 2006 |
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Logistics - Airlines New low-cost airline gets initial Govt clearance Ashwini Phadnis
New Delhi , Aug. 31 A new low-cost airline, which plans to make Chennai its main hub, has received initial clearance from the Government for becoming operational. Official sources told Business Line that the Aircraft Acquisition Committee (AAC) of the Ministry of Civil Aviation has given its nod for the Premier Airways Ltd project. The AAC committee includes senior officials of the Ministry of Civil Aviation and the Director General of Civil Aviation and whets the initial application of companies wanting to import aircraft either for starting a project or expansion plans. While the company promoting the airline is Premier Airways, the brand name is Easy Air. "We plan to be a genuine low-cost airline and are currently evaluating whether we should operate the Boeing or Airbus aircraft. We should be operational within six months of receiving the official notification," the company Chairman and Managing Director, Mr Umapathy Pinaghapani, said. Official sources indicated that the company had cleared the "penultimate" stage required for the airline to become operational.
GoAir fleet expansion
Meanwhile, the Government has also cleared a proposal of the Jeh Wadia promoted Go Airways to import 20 Airbus family aircraft. The airline currently operates three Airbus A-320 aircraft that can seat 180 passengers.
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