Bance group's new carrier eyes India-UK sector

New Delhi:The Bance group, promoted by a UK-based Indian family, is planning to float a new airline that will exclusively fly on the lucrative India-UK sector.
"We are in the process of getting the regulatory approvals from the Indian government. There is a huge untapped potential in this sector," said Dave Bance, Promoter, Bance Group.
"We would initially require some seed capital. We will start Indian operations by 2007 and later go to other destinations," he added.
16/03/06 Rumi Dutta Hardasmalani/NDTV.com

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