Flybig, India’s latest airlines to commence operations today
The new kid on the aviation scene, Flybig is all set to commence its airline operations today at 2:30 pm. The airline is set to fly the Indore-Ahmedabad route and the flight will last 65 minutes.
Flybig was founded by pilot turned entrepreneur, Sanjay Mandavia in December 2020. The airlines received its No Objection Certificate (NOC) from the Ministry of Civil Aviation and its Air Operator’s Certificate (AoC) on 14th December 2020. Before the airline had begun any scheduled flights, it won its first route under a government tender. The route was Delhi to Shillong. To serve this route Flybig had wet-leased a Dash Q400 from Spice Jet.
A wet-lease is when one airline (the lessor) enters into a leasing agreement with another airline (the lessee) to take an aircraft, complete crew, maintenance, and insurance. The charges for this type of lease is usually by the hour.
Flybig has lofty ambitions and plans to launch its second route, Indore to Raipur from the 13th of January 2020. The airline currently has only an ATR 72 aircraft in its fleet but plans to procure its second one very soon. Flybig currently operates thrice a week but the airline plans to scale up its operations to five flights a week by mid-February.
The airline has tied up with 15,000 agents, most of them based out of Tier-2 cities. The airline has currently seen bookings of up to 25 percent. It has currently not tied up with any online agents but soon plans to do so.
The airline currently focuses on serving Tier-2 cities, but soon plans to extend to Tier-3 cities as well.
Flybig has launched at a time when domestic air traffic is improving after the coronavirus induced lockdown. The government has lifted restrictions on the occupancy of the flights and will continue to do so as vaccines begin to be administered. Flybig looks to capture an untapped market. With the right pricing and marketing, Flybig could emerge as a major player in years to come.