Financial Daily from THE HINDU group of publications Saturday, Jun 26, 2004 |
||
|
|
||
|
Home Page
-
Airlines Logistics - Airlines Corporate - Diversification UB group plans low-cost airline by year-end: Mallya Our Bureau
The UB Group Chairman and Rajya Sabha MP, Mr Vijay Mallya, on his way to meet the Minister for Civil Aviation, Mr Praful Patel, in the Capital on Friday. Kamal Narang
New Delhi , June 25 THE Kingfisher brand is to take to the skies shortly. The Chairman of the UB Group, Mr Vijay Mallya said on Friday that the group would be launching a low-cost airline to be branded `Kingfisher' by the year-end. "We plan to launch a low-cost no-frills airline. However, it will provide a great experience to the passengers who travel with us," Mr Mallya told newspersons after a meeting with the Minister for Civil Aviation, Mr Praful Patel. The UB group, which already has a no-scheduled operators licence, plans to approach the Government for converting the licence into a scheduled operator permit next week. "We are examining whether to lease or purchase the aircraft that we plan to operate. In the licence next week we will be saying that we plan to operate the Airbus A-320 aircraft," the UB Chairman added. When questioned on the proposed car project of the group, Mr Dr Mallya said the project was not on hold.
More Stories on : Airlines | Airlines | Diversification
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|