26-Aug-2005 12:41 PM
City Air to launch LCC in India
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.