Airliners-India.com Forum Index Airliners-India.com
Flickr Group & Facebook
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

FLYeasy News -- Part 1

 
Post new topic   Reply to topic    Airliners-India.com Forum Index -> Civil Aviation
View previous topic :: View next topic  
Author Message
747-237
Member


Joined: 11 Jun 2007
Posts: 11338
Location: Gordon Gekko's Boardroom

PostPosted: Sun Jul 12, 2015 8:45 pm    Post subject: FLYeasy News -- Part 1 Reply with quote

Yet another startup in India is all set to go.





_________________
11000 posts (and counting) on Airliners-India.

Back to top
View user's profile Send private message
HAWK21M
Member


Joined: 19 Dec 2006
Posts: 8132
Location: Mumbai, INDIA

PostPosted: Tue Jul 14, 2015 3:33 pm    Post subject: Reply with quote

Whose carrying out the maintenance......
_________________
Think of the Brighter side !!!
Back to top
View user's profile Send private message Send e-mail Visit poster's website AIM Address Yahoo Messenger MSN Messenger
747-237
Member


Joined: 11 Jun 2007
Posts: 11338
Location: Gordon Gekko's Boardroom

PostPosted: Tue Aug 11, 2015 6:11 am    Post subject: Reply with quote

http://www.financialexpress.com/article/industry/companies/fly-easy-seeks-dgca-permit-for-takeoff/117129/

Fly Easy seeks DGCA permit for takeoff

August 11, 2015

Fly Easy, the subsidiary of Bangalore-based ABC Aviation and Training Services, has applied for air operating permit (AOP) with the Directorate General of Civil Aviation (DGCA). Officials at the aviation regulator said the document verification of Fly Easy is in progress and is likely to get the permit in the next four to five months.

DGCA officials said document verification is the first step after an airline is given NOC, followed by demonstration phase and certification phase. Fly Easy is known to have started hiring pilots for the demonstration phase, which takes into account the flight safety parameters that carriers have to follow. The last stage — the certification stage is after which airlines can start opertions.

_________________
11000 posts (and counting) on Airliners-India.

Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 11338
Location: Gordon Gekko's Boardroom

PostPosted: Fri Nov 06, 2015 8:07 am    Post subject: Reply with quote

http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/flyeasy-in-talks-to-sell-49-to-air-arabia/articleshow/49680937.cms

FlyEasy in talks to sell 49% to Air Arabia

6 Nov, 2015

Regional airline aspirant FlyEasy is in talks to sell a 49% stake to the Sharjah-based low-cost carrier Air Arabia, two people with knowledge of the matter said.

The managing director of the Bengaluru-based company has sought the aviation ministry's approval for foreign direct investment even as it awaits a flying license from the regulator, said the people, who did not want to be identified. The ministry is yet to decide on the matter, they said. Neither FlyEasy officials nor Air Arabia had responded to ET's emailed queries till late evening on Thursday.

ET had first learned last month that FlyEasy was planning to go in for a stake sale. However, in emailed responses at the time, both FlyEasy owner Rajesh Ebrahim and Air Arabia had denied the development. If the sale goes through, it will be the fourth instance of FDI from a foreign airline deciinto an Indian carrier, after Jet Airways sold 24% stake to Abu Dhabi's Etihad Airways in 2013 and Tata Sons formed two airlines through joint ventures with Malaysia's AirAsia Berhad and Singapore Airlines last year. It will also be the first instance of FDI into a regional carrier. India currently has two regional airlines, Air Costa and Air Pegasus, while several others, like FlyEasy, wait in the wings.

_________________
11000 posts (and counting) on Airliners-India.

Back to top
View user's profile Send private message
bob
Member


Joined: 22 Jul 2007
Posts: 173
Location: bom

PostPosted: Wed Nov 11, 2015 5:23 pm    Post subject: Reply with quote

It appears that Flyeasy ran into trouble … both aircrafts painted and ready for long .. by flyeasy is not picked them up .. Both are being taken back by GECAS from current Lessee Flynas and most probably being taken by Air costa. One of the E 170 has been lease return check and other will be return in near future. Both ERJ 190 are due for heavy check . To maintain minimum fleet during peak season Air costa is desperate to induct these two aircrafts as soon as possible
_________________
Mig
Back to top
View user's profile Send private message
747-237
Member


Joined: 11 Jun 2007
Posts: 11338
Location: Gordon Gekko's Boardroom

PostPosted: Tue Jun 21, 2016 2:13 am    Post subject: Reply with quote

The relaxation of the FDI cap in the aviation sector has come as a shot in the arm for regional carriers Air Pegasus and FlyEasy, which have been aiming to sell a stake to foreign airlines.

A top FlyEasy official told BusinessLine that Air Arabia and two other carriers are in negotiations with the airline to pick up a substantial stake.


http://www.thehindubusinessline.com/economy/policy/first-off-air-pegasus-flyeasy-eye-overseas-partners-for-stake-sale/article8752594.ece
_________________
11000 posts (and counting) on Airliners-India.

Back to top
View user's profile Send private message
HAWK21M
Member


Joined: 19 Dec 2006
Posts: 8132
Location: Mumbai, INDIA

PostPosted: Sun Jul 03, 2016 7:48 pm    Post subject: Reply with quote

Do they have a Eng/Mx setup or only focus on Line Mx
_________________
Think of the Brighter side !!!
Back to top
View user's profile Send private message Send e-mail Visit poster's website AIM Address Yahoo Messenger MSN Messenger
747-237
Member


Joined: 11 Jun 2007
Posts: 11338
Location: Gordon Gekko's Boardroom

PostPosted: Tue Jan 10, 2017 7:10 pm    Post subject: Reply with quote

http://www.forbesindia.com/article/special/yet-to-be-launched-flyeasy-makes-a-strategic-investment-in-troubled-airline-air-pegasus/45347/1

Yet to be launched FLYeasy makes a strategic investment in troubled airline Air Pegasus

Jan 10, 2017

While the details of the partnership have not been spelt out, what is known is that Air Pegasus will continue to operate as a regional airline and FLYeasy as a pan-India airline

"Air Pegasus will continue as a regional airline operating in tier 2 and tier 3 cities while FLYeasy will operate as a pan-India operator with an all Airbus fleet and will have a commercial launch on May 2017,” said Shyson Thomas, Managing Director of Air Pegasus.




http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/regional-carrier-flyeasy-buys-74-of-grounded-airline-air-pegasus/articleshow/56438181.cms

Flyeasy signs agreement to buy majority stake in Air Pegasus

Jan 10, 2017

Flyeasy has signed a pact to purchase an up to 74% stake in its peer, grounded carrier Air Pegasus, in the first sign of consolidation in the regional space. Air Pegasus' founder Shyson Thomas will hold the rest.

"The first phase investment is Rs 26 crore out of which Rs 13 crore will be for capital and Rs 14 crore for restructuring the airline's debts. The second phase will be to the tune of Rs 60 crore for expansion. That will be a combination of equity and debt," Rajesh Ebrahim, group CEO of the airline told ET.

"We are yet to finalise the exact shareholding," said Thomas.

_________________
11000 posts (and counting) on Airliners-India.

Back to top
View user's profile Send private message
The_Goat
Member


Joined: 03 Mar 2007
Posts: 3260
Location: South of France

PostPosted: Thu Jan 12, 2017 9:04 pm    Post subject: Reply with quote

747-237 wrote:

Yet to be launched FLYeasy makes a strategic investment in troubled airline Air Pegasus

Jan 10, 2017

While the details of the partnership have not been spelt out, what is known is that Air Pegasus will continue to operate as a regional airline and FLYeasy as a pan-India airline



So one airline that doesn't know when or whether it will start operating has invested in another that has gone bust.

Mohammed bin Tughlak will be rolling in his grave.
_________________
I don't know which is the more pampered bunch : AI's widebodies (the aunties) or Jet's widebodies (the planes).
-Jasepl
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Airliners-India.com Forum Index -> Civil Aviation All times are GMT + 5.5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © phpBB Group. Hosted by phpBB.BizHat.com