Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business2 days ago
Indian expats could soon be flying home for very economical prices as a low-cost airline is one step closer to reality. Powered by two Dubai-based businessmen, Air Kerala received the initial no-objection certificate (NOC) from India’s civil aviation ministry over the weekend. This was announced at the press conference held in Dubai.
A copy of the NOC seen by Khaleej Times states that the airline, which is registered under the name Zettfly Aviation, has the permission to operate scheduled commuter air transport services for three years.
The brainchild of UAE entrepreneurs Afi Ahmed and Ayub Kallada, Air Kerala will be the first regional airline of India’s southernmost state of Kerala.
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
“This is the result of years of our hard work,” said Afi Ahmed, speaking to Khaleej Times. “My partners and I have been working tirelessly to make this a reality. Several people questioned us and dismissed it, saying it would never become a reality. We still have a long way to go but the NOC is a big step for us.”
Last year, Afi Ahmed, the founder of agency Smart Travels, had paid a local company a whopping Dh1 million for the domain name airkerala.com. Ahmed was looking for an aggregator website when he stumbled upon the website, and then proceeded to buy it. With this, he began to revive the hopes of Air Kerala, a project that was first touted by the Kerala government in 2005.
With NOC in hand, the airline must now do months of groundwork before it can launch its flights.
“Our next steps involve acquiring aircraft and complying with the necessary regulatory requirements to obtain our Air Operator's Certificate (AOC),” said Ayub Kallada. “This is a critical phase that ensures we meet all safety and operational standards set by the aviation authorities.”
According to the businessmen, the airline will soon begin its procedure for acquiring aircraft. “Initially, we are planning to start operations with three ATR 72-600 aircraft,” said Afi. “We are currently exploring options in both the leasing market and direct procurement from manufacturers to ensure we have the best possible fleet for our operations.”
Afi Ahmed, Ayub Kallada, and Kanika Goyal comprises the Zettfly Aviation's board. It is no wonder since all three of them have extensive experience in the aviation industry.
Once the aircraft have been procured, Air Kerala will have to operate regionally before it can branch out into international flights. “Our initial operations will focus on regional connectivity,” said Ayub. “We plan to connect Tier 2 and Tier 3 cities with Tier 1 and metro airports. This will help is improve accessibility and convenience for travelers across these regions.”
The international flights are part of the airline's future operations. “Once we expand our fleet to 20 aircraft, we will start exploring international routes to expand our reach and service offerings,” said Afi. “The initial investment needed for our project is the equivalent of approximately Dh110 million.”
Headquartered in the cosmopolitan city of Kochi, the airline is expected to promote tourism and trade in Kerala and bring in at least 350 jobs to the city. “Once we start our international flights, we will bring job opportunities to the UAE,” said Afi. “Once international operation starts we will ensure affordable travel for all expats. Dubai will be one of our first international flights.”
ALSO READ:
Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business2 days ago
Authorities said the Adani Group chairman and seven other defendants agreed to pay the bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years
business2 days ago
Company strengthening regional presence and service offering
business2 days ago
Sinochem may keep three refineries in China's Shandong province
business2 days ago
Memorandum of understanding aims to enhance cooperation in the construction sector
business3 days ago
Serenia Living’s architecture and interiors have been led by Palma’s expert team
business3 days ago
Company’s backward integration model reaps dividends
business3 days ago
Participating companies announce several cooperation achievements
business3 days ago