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City Air to launch LCC in India

26-Aug-2005

SYDNEY (Centre for Asia Pacific Aviation) - City Air confirmed plans to launch domestic LCC services in India in early 2006.

The carrier is promoted by Dubai-based entrepreneur, Aniyan Kutty. Details include:
  • Base: Chennai;
  • Investment: INR1 billion initially, with 34% of funds invested by Aniyan Kutty, while the remainder would be raised through loans;
  • Network: Plans to operate 18 services per day to undisclosed destinations;
  • Fleet: Three leased aircraft - type not disclosed.
For full coverage of India's rapidly expanding aviation market see The Centre's Monthly Essential India.mei.gif

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