Hyderabad-based Turbo Megha Airways became the fourth company to receive flying licence from aviation regulator DGCA in the past two years to launch a regional airline.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
Green light likely for services on underserved routes between regular airports
Jet Airways, IndiGo and GoAir achieved operating profits of Rs 122.6 crore (Rs 1.22 billion), Rs 795.8 crore (Rs 7.95 billion) and Rs 85.1 crore (Rs 851 million) respectively during the same period, Minister of State for Civil Aviation K C Venugopal said in reply to a question.
Hyderabad-based Turbo Megha Airways takes off, promising affordable fares and other benefits.
Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.
SpiceJet, IndiGo, Jet Airways, Alliance Air, and Turbo Aviation are among the operators that have bagged the routes in the third round.
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