New Regional Airline

New Regional Airline 

New Airline :In order to extend the air connectivity in North East, The government of India will start a new airline based out of Guwahati . This new airline will be subsidiary of Pawan Hans Ltd.. It would connect all state capitals in the Northeast, according to a insider report .

Aviatorflight was the first one which broke this news on June 6th (ARTICLE) .

Pawan Hans Helicopters Ltd will own 51 per cent of the subsidiary which will have an equity base of Rs 150 crore. The rest will be owned by North Eastern Council (NEC).

Department of North Eastern Region minister Jitendra Singh took this decision after meeting chief ministers from all Northeastern states.

The new Airline will be a subsidiary of Pawan Hans Helicopters Ltd and is likely to operate a fleet of 6 fixed-wing planes and 5 helicopters.

“A proposal has come to the aviation ministry and has also been sent to NEC for approval,” said a government official, who did not want to be identified. This is the first time that the government is launching a subsidiary to provide connectivity within the Northeast.

Currently, Alliance Air provides air connectivity to select cities in the region, which is based on the viability gap funding from the government.