FLY91 units up store at IFSC Present Metropolis; Provides Pune as seventh vacation spot

After leasing two plane from IFSCA Present Metropolis, Goa-based FLY91 has now approached the authorities to arrange its personal unit at Present Metropolis. The airline has plans to induct over 30 plane within the subsequent 5 years, and is more likely to route them via its plane leasing unit at Present Metropolis. 

Based on sources at IFSC, “The corporate made an utility final week and proposed to make an funding of roughly ₹5 crore. It has mentioned that the mentioned investments might be made via FLY91’s personal fund. It has plans to induct 30 plane within the subsequent 5 years. It goals to lease not less than just a few, if no more, via this unit. The corporate will make use of 4 individuals at Present Metropolis, it mentioned. Their utility is into consideration.”

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FLY91 is a regional airline primarily based in Goa, India. They intention to attach smaller cities throughout India by including extra flights to those locations. The airline plans to have 30 airplanes and join over 50 cities inside the subsequent 5 years. They selected ATR 72-600 plane for his or her fleet, that are well-suited for serving smaller airports. 

In response to businessline’s question, Manoj Chacko, MD and CEO at FLY91, confirmed and mentioned, “Present Metropolis is an incredible initiative of the federal government of India for Indian aviation, with super quick and long run advantages.” He added, “As a effectively capitalised startup airline run by professionals, our intention is to well leverage these advantages. With a plan to induct 30 plus plane over the subsequent 5 years, Present Metropolis turns into an integral a part of the plan. Our first two plane are already leased via Present Metropolis.”

When requested if the corporate plans to induct all of the 30 plane from Present Metropolis, Chacko mentioned that the corporate will play by the ear.

FLY91 has already leased two plane from Present Metropolis’s Vman Aviation earlier. 

• Additionally learn:Regional airline FLY91 expects to have 350 employees in first yr of operations

The airline began operations on March 18, 2024. Based on the DGCA web site, it carried over 1300 passengers in March, and over 4,000 passengers in April.

In the meantime, on Saturday, the airline introduced that it has added new flights connecting Jalgaon and Pune, making Pune their seventh home vacation spot and growing Goa-Jalgaon flight frequency to every day.