Prasad was in the running for Air India with his Interups fund. Now, he is banking on Trujet to give wing to his aviation ambitions in India. The plan includes expanding Trujet’s fleet to over 100 aircraft from just 7 now. The Hyderabad-based airline has been operating at the fringes of the Indian aviation industry, and had a market share of 0.6 percent as of February 2021 down from 0.7 percent a year earlier.Exclusive: Here#39;s a peek at NRI entrepreneur Laxmi Prasad’s $1.9 billion plan for Trujet
Prasad was in the running for Air India with his Interups fund. Now, he is banking on Trujet to give wing to his aviation ambitions in India. The plan includes expanding Trujet’s fleet to over 100 aircraft from just 7 now. The Hyderabad-based airline has been operating at the fringes of the Indian aviation industry, and had a market share of 0.6 percent as of February 2021 down from 0.7 percent a year earlier.
Subscribe to:
Post Comments (Atom)
-
The company, one of the leading manufacturers of soda ash, had initiated the process of carving out its textiles business into GHCL Textile...
-
The BRLLR linked to RBI Repo Rate is revised downwards in line with the reduction on Reserve Bank of India Repo Rate from 5.15 percent to 4...
-
The company did not export units last month while it had dispatched 804 Etios units in in June 2019.
No comments:
Post a Comment