Jagson Airlines faces starting trouble

Jagson Airlines' plans to launch a low cost carrier have run into temporary turbulence. Security clearance for the new airline has been delayed because one of the directors is an American citizen, reports CNBC-TV18.
Jagson Airlines has delayed its plans to take to the skies. One of the directors on the board has had to re-apply for clearance because he is an American citizen.
But this delay hasn't dampened Jagson's spirits. Instead the company believes it has a winning formula to give current players a run for their money. The low cost carrier now expects to launch by October and will focus on corporates and frequent flyers.
"The low cost service will be launched with a two-class configuration; an economy class and a premium economy class," said UK Bose, President and CEO, Jagson Airlines.
29/08/06 Moneycontrol.com

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