Business Standard

Thursday, December 26, 2024 | 06:26 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Turbo Aviation to launch low-cost airline, fly on Udan routes by mid-2020

The company has already signed a partnership deal with a UK business group for a $100-million funding support to speed up the launch process

airlines
Premium

BS Reporter Hyderabad
Hyderabad-based Turbo Aviation has announced its plans to launch a new low-cost airline 'TrueStar' by mid 2020.

The company has signed a partnership deal with a UK business group for a 100-million pound funding support to speed up the launch process, according to Turbo Aviation's managing director V Umesh. Turbo Aviation has already been operating the commercial airliner 'True Jet' since 2015.

"We have great, influential partners now on board who will help us drive the high demand air-taxi market in India, by connecting new UDAN routes. We are looking to transform the connectivity in the North and Southern sector

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in