Trujet Ailrines
Regional airline TruJet says talks on with investor after grounding flights
TruJet says it is in final stage of discussion with a potential investor who is funding $25 mn within next few days
 "Regional airline TruJet says talks on with investor after grounding flights")
US fund Interups enters Indian skies with 49% stake purchase in Trujet
Exact investment sum yet to be finalised; Interups had earlier bid for Air India but withdrew its offer as the airline's employees were unwilling to join hands for the bid
Covid-19 impact: Trujet reduces salaries of employees by minimum 50%
The airline said it is "facing serious financial crunch/cash flow situation"
UDAN scheme: TruJet to add 10 destinations with 7 aircraft
Hyderabad-based Trujet, one of the private airlines which got routes under UDAN scheme is planning to add 10 destination with 7 Aircrafts. The Airline started operations in July 2015 and currently catering to seven destinations with sixteen flights.Antara Dey, spokesperson of the Airline said that over the next two years the Airline is planning to ad 10 destinations with seven aircrafts. Of this five will be under UDAN scheme including Mysore,Bidar,Hosur,Salem and Vidya Nagar.Alliance Air, the regional arm of Air India, SpiceJet and TruJet were the other airlines which won the right to operate flights under the Government's regional air connectivity scheme, which is also popularly called The UDAN or Ude Desh Ka Aam Naagrik scheme, seeks to give people from tier-II and tier-III cities a chance to fly at a ticket price of Rs 2,500.Airlines operating under the UDAN scheme have to ensure that the prices of at least 50 per cent of the seats on their flights are available at a price of Rs ..
