COME MARCH 18, Goa-based airline FLY91, the newest regional carrier, will take to the skies and start its commercial services with flights connecting Goa to Bengaluru and Hyderabad. It will also operate flights to Sindhudurg on the western coast in Maharashtra from Bengaluru and Hyderabad. FLY91 will join a fast-growing elite club of regional carriers like Star Air, operated by Bengaluru-based Ghodawat Enterprises, and Zooom, run by Gurugram-based Zexus Air Services.
Then, there are other players waiting in the wings to cash in on the fast-growing domestic air travel business in India. Very soon, JettWings Airways, the first airline operator from the country’s northeast, will begin its operations. It has received the government’s clearance to operate scheduled commuter air transport services in the country. It has announced that it has been awarded 12 sectors under the UDAN (Ude Desh ka Aam Nagrik) RCS (Regional Connectivity Scheme) 5.3 to serve airports in the Northeast, West Bengal, Uttar Pradesh and Bihar amidst fierce competition from full-service and budget carriers including IndiGo, SpiceJet, Vistara, Air India Express and Air India, among others.
FLY91 received its air operator permit from Director General of Civil Aviation, the aviation regulator, on March 6. It takes to the skies from March 18 with two aircraft, and expand its fleet to six ATR 72-600 planes in six months. “We aim to connect Bharat. Initially, we will connect 13 city pairs. We will also start flights to Lakshadweep from April,” said Manoj Chacko, CEO and MD, FLY91. In the next five years, FLY91 plans to have around 35 planes, connect
Denne historien er fra April 06, 2024-utgaven av BW Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra April 06, 2024-utgaven av BW Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Committed to helping India achieve carbon neutrality'
R. Purushothaman on how Danfoss India, part of Danish MNC, is supporting the nation's carbon neutrality goals with innovative products
INTELLECTUAL DEPTH & ACTIONABLE INSIGHTS
Anil K. Khandelwal is a transformational leader, who invites readers to rethink leadership as a journey rather than a destination. In The Gym of Leadership, he emphasises that helmsmanship is not a badge of authority but a commitment to creating a positive impact, says Srinath Sridharan
AN INDUSTR BENCHMAR
The MacBook Pro M4 doesn't just set the bar for laptops-it becomes the bar. With unmatched performance, breath-taking design and incredible endurance, Apple's latest offering redefines what a laptop can achieve, says Sahil Mohan Gupta
The drip of good health
IV therapy seems to be a popular procedure with people in pursuit of good health and glowing skin. We spoke to medical experts about aspects to keep in mind before walking into a wellness centre to get that drip.
"MACARONS FOR THE MASSES"
CHANDNI NATH ISRANI, the driving force behind Ladurée's India expansion, redefines luxury in the F&B sector. With four flourishing Ladurée outlets established since 2021, Israni is making iconic French pastries and delicacies accessible to the Indian market. BW Businessworld sits down with the visionary entrepreneur to discuss her journey in building the luxury brand and her strategy for democratising gourmet experiences
NAVIGATING THE PATH TO PROFITABILITY: A STARTUP'S BALANCING ACT
WHEN EVALUATING startup profitability, it’s crucial to break it down into two main components: unit economics and fixed costs. Unit economics refers to the profitability of delivering each singular order, which involves analysing transaction margins against costs incurred, such as delivery and payment gateway fees. This assessment helps gauge whether a business model is sustainable at a micro level.
THE HOLY GRAIL OF PROFITABILITY
Profitability for startups is elusive, often overshadowed by growth and investor expectations. Achieving profitability requires a delicate balance between revenue generation and cost management, with factors like market dynamics and competition playing significant roles
"WE ARE FOCUSED ON BUILDING A RESILIENT AND SELF-SUSTAINING SEMICONDUCTOR ECOSYSTEM"
S.KRISHNAN, Secretary of the Ministry of Electronics and Information Technology, outlines India's ambitious plan to build a resilient and globally competitive semiconductor industry through the India Semiconductor Mission
Shaping the Future of Cyber Risk Management
With its mission to advance cyber risk quantification through the FAIR (Factor Analysis of Information Risk) model, the institute empowers businesses to align cybersecurity with broader objectives using structured, data-driven insights. Managing Director TODD TUCKER discusses how the institute’s methodologies and community-driven approach are reshaping industry standards worldwide, including growing interest in India and Asia Pacific
THE PILLAR OF A RESILIENT DIGITAL FUTURE
The rapid evolution of digital technologies has transformed the world, driving unprecedented connectivity and innovation. Yet, as the digital realm expands, so do vulnerabilities, with cyber threats emerging as critical challenges for businesses, governments and individuals
