Financial Daily from THE HINDU group of publications
Friday, Mar 11, 2005
Financial Daily from THE HINDU group of publications Friday, Mar 11, 2005 |
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Logistics
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Airlines New low-cost airline `Magicair' may fly this winter Our Bureau
New Delhi , March 10 A NEW no-frills airline, Magicair, plans to take to the skies later this year. In a statement, the promoters have said that they recently applied to the Ministry of Civil Aviation for obtaining a no-objection certificate to operate `Magicair.' The statement adds that the airline will start operations by winter this year. The airline plans to start operations with 10 aircraft and is to connect all major metro, mini-metro and key holiday destinations. The airline, which is promoted by Ms Nira Radia, is in talks with both Boeing and Airbus for acquiring aircraft.
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