4 hrs ago
FLY91 Expands Regional Connectivity Through Navi Mumbai Airport
FLY91 is a small airline that wants to connect more cities in India.
It plans to keep at least two planes at Navi Mumbai International Airport.
It has announced plans to fly from there to Sindhudurg and Jalgaon, but has not given the start dates.
Travelers will also be able to fly from Navi Mumbai to Goa and continue to Agatti without changing planes.
FLY91 currently uses six planes and expects more to arrive.
In winter, it plans to fly more often and serve 14 destinations.
The airline says it wants to grow carefully and connect places where it already flies.
It hopes to cover its costs and become cash-positive by the end of FY27.
FLY91 plans to base at least two aircraft at Navi Mumbai International Airport in the coming months.
The airline plans to launch services to Sindhudurg and Jalgaon in the third quarter of the current financial year; dates have not been announced.
FLY91 is adding Navi Mumbai–Goa service, with onward connections from Goa to Agatti that do not require passengers to change aircraft.
The airline operates six ATR aircraft and expects two more around December-January, followed by another early next year.
FLY91 plans to increase weekly flights by 26% to 354 in the winter schedule and expand its network to 14 destinations.
- Who
- Regional airline FLY91, whose managing director is Manoj Chacko.
- What
- Plans to base at least two aircraft at Navi Mumbai International Airport and expand regional routes.
- Where
- Navi Mumbai International Airport and FLY91's regional network, including planned services to Sindhudurg and Jalgaon.
- When
- Sindhudurg and Jalgaon services are planned for the third quarter of the current financial year; the winter schedule will increase weekly flights.
- Why
- The airline sees an opportunity to grow its network at an airport without capacity constraints and to connect cities it already serves.
Key facts
- Aircraft currently operated
- Six ATR aircraft
- Aircraft planned at NMIA
- At least two in the coming months
- Planned new destinations from NMIA
- Sindhudurg and Jalgaon
- Winter schedule
- 354 weekly flights, a 26% increase, across 14 destinations
- Aircraft deliveries
- Two expected around December-January and another early next year
- Financial targets
- Cash-positive by the end of FY27 and P&L break-even by the end of FY28
- Current aircraft utilisation
- Around 8.2 hours per day; the airline expects some aircraft to reach nine hours during the winter schedule
Quotes
Manoj Chacko
Managing director of regional airline FLY91
“The headspace and the gap in demand and capacity is high, so I don’t see challenges at all in pricing our seats.”
financialexpress.com
“We are trying to connect cities where we already fly to. We are connecting these to each other.”
financialexpress.com
Sources
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