Jagson Airlines, which is a known entity in North India, already operates a similar service between Srinagar and Amarnath.
Low cost carrier Jagson Airlines, which is to launch operations from May, on Thursday said it has sold about 15.99 per cent stake to a foreign investor and could go in for public issue next year.
Aviation stocks - Jet Airways, Deccan Aviation, SpiceJet and Jagson Airlines - closed at their 52-week highs on the Bombay Stock Exchange on Tuesday in falling market. All the four stocks gained between 5 per cent and 20 per cent on Tuesday.
Regional airlines that have received approval include MDLR, Jagson Airlines, Star Aviation and Zav Air. Others like Mega Airways and Premier Airlines are still awaiting approval.
Escape to the quaint hills of Kumaon in Uttarakhand for its idyllic natural beauty and the majestic Himalayas.
Private carrier Jagson Airlines, which primarily operates flights to Himachal Pradesh, has joined the ongoing competition offering low fares on its flights to Jaipur and other cities in Rajasthan from New Delhi.
Private carrier Jagson Airlines, which operates between Delhi and Himachal Pradesh, will start helicopter operations for Amarnath pilgrims with 44 daily services to the holy shrine from Srinagar and Baltal in Jammu and Kashmir.