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Startup Visa Airways (India) Plans To Start Scheduled Service

posted Nov 11, 2010, 2:21 AM by Elaine Bell
Aviator.aero Daily News - 10 NOV 2010



Bombardier announces CRJ1000 awarded Aircraft Type Certificates by both Transport Canada and EASA. CRJ1000 with firm orders for 35 from Air Nostrum (Spain) and 14 from Brit Air (France). Source_1 Source_2

Air Zimbabwe moveable property at Harare International Airport subject to sale at auction to satisfy high court order to pay workers nearly US$500K while carrier seeks assistance from government. Source_1

Investec Bank Australia raises US$50 million under its open ended third capital raising, says executive David Philips. Of $190 million in capital, $100 million invested in eight aircraft with balance for new acquisitions. Bank targeting fleet of 20 aircraft valued over $1.0 billion by early 2011. Source_1

Paramount Airways (India) authorized by Civil Aviation Ministry to acquire eight A320-200s and six Q400s as well as wet lease six additional Q400s by mid December 2010. Source_1

Startup Visa Airways (India) plans to start scheduled service as feeder with wet lease of two DHC8-100s from September 2011 and one DHC8-100 from October 2011. Carrier plans to acquire two new aircraft about three months after commencing services. Source_1