TruJet
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Founded | 14 March 2013 | ||||||
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Commenced operations | 12 July 2015 | ||||||
Ceased operations | 15 February 2022 | ||||||
Hubs | Hyderabad | ||||||
Secondary hubs | |||||||
Destinations | 12 | ||||||
Parent company | NS Aviation Pvt. Ltd. | ||||||
Headquarters | Hyderabad, Telangana, India | ||||||
Key people | Dr Mohammed Ali (Chairman), Mrs Isha Ali (Vice Chairman) |
TruJet was an Indian regional airline based at Rajiv Gandhi International Airport in Hyderabad. The airline commenced operations in July 2015 and ceased all operations in February 2022. This is not to be confused with TruJet Media International which is based in London, England.
History
Turbo Megha Airways Private Limited was incorporated on March 14, 2013 with Ram Charan and Vankayalapati Umesh as promoters,[5] with the backing of 20 investors.[6] The company planned to operate ATR aircraft primarily aimed at pilgrims and middle class travellers to destinations like Tirupati.[7] The airline obtained a No Objection Certificate from the Ministry of Civil Aviation on 21 July 2014.[8] In August 2014, the promoters initiated negotiations to sell a majority stake in the airline to Hyderabad-based Megha Engineering and Infrastructures Limited (MEIL) in order to fund their operations.[9] MEIL holds 90 per cent stake in the airline.[10] TruJet has "temporarily" suspended its flight operations until further notice.[11]
The airline adopted the brand name TruJet in February 2015.[12][13] TruJet received its air operator's certificate for regional operations from the Directorate General of Civil Aviation on 7 July 2015.[14] The airline commenced operations on 12 July with a flight from its Hyderabad hub to Tirupati.[15][7] The airline's Air Operators Permit (AOP) was changed to the scheduled commuter operator (SCO) category by the DGCA in May 2017, allowing the carrier to operate flights to other regions of India under the government's UDAN Regional Connectivity Scheme.[16]
From 12 July 2020, five out of seven ATR aircraft operated by TruJet were grounded by lessors due unpaid dues.[17]
On 1 April 2021, Trujet announced that US firm Interups had purchased a 49% stake in the company. Laxmi Prasad, the chairman of Interups stated in an interview to the online business site Moneycontrol “We plan to expand services to the length and breadth of the country, overseas, and get into segments such as cargo, private charters, and helicopter ambulance services. We will be operating at full scale.”[18]
Interups' new investment plan would involve the purchase of narrow body aircraft such as the Airbus A220 and the Embraer E-Series .[18]
On 15 February 2022, TruJet ceased all operations owing to financial crisis.[19]
In May 2022, it was announced the Nagpur-headquartered, We Indian Nationals Aviation Private Limited (Winair) had acquired a 79% stake in Trujet.[20]
In June 2023, US-based aviation company NS Aviation acquired an 85 per cent stake in the airline and has plans to revive the airline with 100 A320 Neo aircraft including ten more Airbus cargo aircraft for international cargo operations.
The new Investors Dr Mohammed Ali and Ms Isha Ali, both happen to be associated with Aviation Industry for the past couple of decades. The Airline in its new avatar is slated to start operations by end 2023. Initially, the airline plans to focus on domestic operations, with key metropolitan cities such as Mumbai, New Delhi, Kolkata and Hyderabad as primary destinations, Subsequently piggyback riding on Trujet's AOP, the launch of International operations will be possible without waiting for the mandatory 5 yrs / 3 yrs of operations. [21]
Destinations
TruJet used to operate from the following destinations as of June 2021.[22][23]
Fleet
As of July 2022, TruJet operates the following aircraft:[25]
Aircraft | In service | Orders | Passengers | Notes |
---|---|---|---|---|
ATR 72-500 | 0 | — | 70 | |
ATR 72-600 | 0 | — | 70 | |
Total | 0 |
References
- ^ a b "TruJet". ch-aviation. Retrieved 25 February 2017.
- ^ "JO 7340.2G Contractions" (PDF). Federal Aviation Administration. 5 January 2017. pp. 3–1–101. Retrieved 8 June 2017.
- ^ "Trujet dismisses disruption of services as minor glitch, says will add two new bases | Hyderabad News - Times of India". Timesofindia.indiatimes.com. 14 August 2019. Retrieved 26 August 2019.
- ^ "Trujet to double fleet, takes it to 10 ATRs; adds 10 more destinations by end of 2019". The Hindu BusinessLine. 12 July 2019. Retrieved 26 August 2019.
- ^ "Trujet to add three more aircraft, will invest Rs 500 crore". Deccan Chronicle. 11 July 2015.
- ^ T. E., Narasimhan (29 July 2015). "Trujet builds a budget brand". Business Standard. Retrieved 22 July 2016.
- ^ a b Reddy, U. Sudhakar (14 February 2015). "Ram Charan's airlines to start services from April". Deccan Chronicle. Retrieved 22 July 2016.
- ^ Krishnamoorthy, Suresh (22 July 2014). "Ramcharan Tej forays into airline biz". The Hindu. Retrieved 22 July 2016.
- ^ "Megha Airways looks to sell majority stake". The Economic Times. 20 August 2014. Retrieved 13 February 2020.
- ^ "TruJet mulls IPO after 3 years; expects Rs 600 Cr topline by FY22". The Economic Times. 12 July 2019. Retrieved 13 February 2020.
- ^ "Regional airline TruJet suspends all flights, airline says in talks with investor for $25 million funding". MSN. Retrieved 17 February 2022.
- ^ "India's Turbo Megha Airways to become TruJet on launch". ch-aviation. 23 February 2015. Retrieved 22 July 2016.
- ^ Kesireddy, Raji (19 February 2015). "Turbo Megha Airways may start regional airline TruJet in 2 months, post final approval". The Economic Times. Retrieved 22 July 2016.
- ^ "With DGCA nod, Trujet becomes the latest to enter domestic skies". The Indian Express. 8 July 2015. Retrieved 22 July 2016.
- ^ "India's TruJet commences operations". ch-aviation. 14 July 2015. Retrieved 22 July 2016.
- ^ "Turbo Megha Airways gets AOC to expand UDAN flights to Mumbai, Shirdi". The Economic Times. 17 May 2017. Retrieved 13 February 2020.
- ^ "End of runway for TruJet". The Hindu Business Line. Retrieved 15 July 2020.
- ^ a b "India's Trujet to buy 54 A220s, 54 E2s, says new investor". ch-aviation. Retrieved 12 April 2021.
- ^ "TruJet suspends all flights". CNBC TV18. 16 February 2022. Retrieved 23 August 2022.
- ^ "Winair To Acquire 79% of TruJet". AviationSource. 6 May 2022. Retrieved 7 May 2022.
- ^ "TruJet's New Avatar, The NS Airline, Set to Soar in Indian Skies". N4M Media. 8 July 2023. Retrieved 9 July 2023.
- ^ "By 2020, Nashik likely to be one of India's busiest airports". Freepressjournal : Latest Indian news,Live updates. 19 January 2019. Retrieved 22 January 2019.
- ^ "TruJet Schedule" (PDF). www.trujet.co.uk. Retrieved 4 June 2021.
- ^ "TruJet Bidar to Bangalore flight". TruJet. Retrieved 25 January 2020.
- ^ "Login required". www.planespotters.net. Retrieved 22 July 2022.
External links
Media related to TruJet at Wikimedia Commons