Mumbai: BanceAir, a little known British aviation company floated by an UK-based Indian Sikh who calls himself Dave Bance, is expected to join the competition for passengers travelling from some small towns of India to Britain by the end of June when the first flight takes off.
Although there has been no formal announcement on the sectors that the airline will initially fly to, BanceAir officials said they expected a huge response given the fact that their ticket would be pegged at a price lower than the current competitive ticket prices offered by Jet Airways and others on the Heathrow-bound flights.
The other advantage would be the airline’s plan to connect Heathrow with smaller Indian towns and cities which see a lot of passenger load from Britain.
Pegged at £70 million, the Bance group has business interests in manufacturing, real estate and hotel investment, IT and telecommunications, and the film and music industry.
28/05/06 Samyabrata Ray Goswami/Calcutta Telegraph
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Monday, May 29, 2006
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Flying Sikh pens penny ride to UK
Monday, May 29, 2006
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