Air Kerala To be Reality till the end of 2013

10 December 2012
Kuwait

In a meeting in Kuwait by Indian Parliament member they proposed that Air Kerala, the dream airline project of the Kerala government, will take off by the end of next year.Air Kerala is expected to provide a better travel solution to thousands of expatriates who live and work in the Gulf countries.

“Though there are certain technical hurdles, the United Democratic Front government led by Chief Minister Oommen Chandy, is keen on making Air Kerala a reality. It is expected that by the end of 2013, the airline will take off,” said P T Thomas MP, who arrived in Kuwait along with Kerala Legislative Assembly member P C Vishnunath.

According to reports, the Cochin International Airport Authority Ltd (CIAL) is also keen on the project as Air Kerala could become an anchor airline for the airport considerably boosting air traffic at Kochi. Air Kerala, with an initial equity base of Rs 200 crore, will be 26 percent state-owned with non-resident Keralites and business groups holding the remaining shares worth 10,000 Indian rupees per share. “Like any other new venture, Air Kerala project also faces a few hurdles and negative campaigns. But the UDF government is resolved to execute the project in view of the growing demand and the urgency of the matter,” Thomas said.

Source-http://news.kuwaittimes.net/2012/12/08/air-kerala-to-take-off-by-end-of-2013-mp/

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