Friday, February 10, 2006

4 new low-cost airlines waiting in the wings

New Delhi: Bangalore-based Air One, feeder carrier Jagson Airlines, Chennai’s Premier Air and East West Airlines will cruise into the domestic skies to compete with other existing players.
Air One, consisting of former employees of Indian (formerly Indian Airlines), will be the first carrier to take off. The launch flight will be between Bangalore and Delhi after which the third Bangalore airline company (following Air Deccan and Kingfisher Airlines) will spread its wings to Mumbai and prominent cities in south India.
East West, which had withdrawn from the Indian skies under a cloud in mid-1990s, is eager to join the sky war. Its director Faisal Wahid, told this newspaper from Mumbai: “We will launch within three months with five leased Boeing aircraft".Feeder airline Jagson said it would launch its low-frills service in May with an initial investment of Rs 250 crore and by acquiring 19 Airbus aircraft.
Delhi-Bangalore will be the launch sector for this airline too. Meanwhile, Chennai-based construction and real estate development company Premier is all set to launch a new private domestic airline between April and June this year. The no-frills airline, floated by US-based NRIs, will start operations with five leased Airbus A320s connecting all metros from Chennai and later link south Indian cities.
Feb 10/S Arun, Deccan Herald