Need help?

Newly Established Regional Airline Equity Stake For Sale in Kolkata, India

Pre-revenue, regional airline that will connect underserved Tier-2/3 Indian cities, seeking funding to commence operations.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Regional Airlines
Locations  Kolkata
Local Time 2:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 74 million for 35.0% stake (Native Currency: INR 7,000,000,000)
Reason: Equity funding required to lease and deposit aircraft, build fleet, finance operations, marketing, t... View More
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Unit Economics
Capex Plan
Pitch Deck
Business Overview
- The business is in the pre-revenue phase.
- It will be a start-up low-cost airline focused on regional connectivity across India, targeting underserved Tier-2 and Tier-3 cities.
- It will later expand into international routes and will generate additional revenue from cargo and charter operations.
- The company will follow an asset-light model.
- Aircraft will be leased, and ground handling and MRO services will be outsourced through third-party partnerships.
- It will start with a fleet of 6 to 8 regional aircraft and will scale to over 50 aircraft by Year 5.
- The revenue model will include passenger ticket sales, along with ancillary income from cargo, charter services, and add-on offerings.
- The business will target revenues of INR 400–500 crore in year 1 with an expected load factor of 70%.
- EBITDA will be negative in the first year and will turn positive from Year 2.
- The strategy will focus on high-frequency direct routes and a digital-first customer experience, with a long-term goal of an IPO.
- the business has airport slot access in Tier 2 and Tier 3 cities, third-party ground handling, and MRO partnerships.
- Once an investor comes on board, the entity will be registered and all required licenses and approvals will be obtained.
Products & Services Overview
Primary service will be low-cost passenger air travel on regional routes connecting underserved Tier-2/3 Indian cities.
Assets Overview
The business has no physical assets.

Intangible assets:
- Business plan.
Facilities Overview
- The business will be headquartered in Kolkata. Initial operations will begin with four leased aircraft, including two on wet lease and two on dry lease.
- The fleet will expand to over 50 aircraft by Year 5.
- Ground operations will be managed through partnerships with operators such as GMR, Adani, and Swissport at regional airports.
Capitalization Overview
The business is funded by 2 shareholders and does not have any loans.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more

    Chat with Us
    Welcome to SMERGERS