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Seven Airlines Closed Down In Five Years 16 Carriers Operational Now: Govt Data

Seven Airlines Closed Down In Five Years 16 Carriers Operational Now: Govt Data
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India Has 16 Active Airlines Now, 7 Carriers Closed Down In 5 Years: Govt In Lok Sabha

Jet Airways, which was issued an Air Operator Certificate (AOC) on February 13, 2022, stopped flying on April 17, 2019, due to a financial crunch. ....

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Trujet Garners 49% FDI to Expand its Operations

Trujet Garners 49% FDI to Expand its Operations
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USA-based INTERUPS Inc. has agreed to pump funds
HYDERABAD, India, April 1, 2021 /PRNewswire/ The only successful operator in UDAN routes, Trujet, garnered 49 per cent Foreign Direct Investment (FDI) to expand its operations. New York-based INTERUPS Inc. came forward to take a 49 per cent stake in Turbo Megha Airways Pvt Ltd, which owns and operates under the name Trujet. TruJet, successfully operates flights to 21 stations, including tier-2 cities with 7 ATR aircraft.
Trujet Flight
On this occasion, Mr K.V. Pradeep, Group Director, MEIL and Mr. Palepu Lakshmi Prasad, Chairman of INTERUPS Inc., jointly stated, The funds raised through 49per cent FDI in the company, will be utilised to expand its operations pan India and explore the newer opportunities in the civil aviation sector. We will finalise the exact final amount at a later stage. ....

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Interups Inc picks up 49% stake in Trujet

Interups Inc picks up 49% stake in Trujet
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‘Hyderabad-based regional airline Trujet on Thursday announced 49% foreign direct investment from New York-based Interups Inc in a move that would aid in the expansion of its operations.
“The funds raised through 49% FDI in the company will be utilised to expand operations pan India and explore newer opportunities in the civil aviation sector, “ said K.V. Pradeep, group director, MEIL (Megha Engineering and Infrastructures Limited) and Palepu Lakshmi Prasad, chairman of Interups Inc., in a joint statement.
The funding would be decided at a later stage.
Trujet is a regional air carrier promoted by Turbo Megha Airways Pvt. Ltd. It has seven planes and serves almost 21 destinations across India, including those awarded to it under the government’s regional connectivity scheme. ....

Andhra Pradesh , Palepu Lakshmi Prasad , Interups Inc , Turbo Megha Airways Pvt , New York Based Interups Inc , Megha Engineering , Infrastructures Limited , Turbo Megha Airways , ஆந்திரா பிரதேஷ் , பலேப்பு லட்சுமி பிரசாத் , டர்போ மேகா வானெறிக்குழுப்பெயர் பிரைவேட் , மேகா பொறியியல் , உள்கட்டமைப்புகள் வரையறுக்கப்பட்டவை , டர்போ மேகா வானெறிக்குழுப்பெயர் ,