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Kerala’s dreams take wings

Published: 15th September 2012 12:11 PM  |   Last Updated: 15th September 2012 12:11 PM   |  A+A-

All the speakers in the NRK session welcomed the airline initiative and congratulated the government on the endeavour.

Earlier in the day, giving wings to the aviation project, the first of its kind in the country, the first meeting of the board of directors chaired by the Chief Minister decided to give shares to the public at a minimum value of Rs 10,000 each as against Rs 2 lakh earlier.

The fleet of Air Kerala will comprise  five aircraft. “We are trying to get a concession from the Central Government and in the number of aircraft in the fleet and giving relaxation to the minimum number of year needed for flying internationally as given in the case of Air India Express. We have conveyed it to the Prime Minister and he is supportive of our demand,”   the Chief Minister said. The state government, Cochin International Airport Limited (CIAL) and the Public Sector Units in the state would jointly invest 26 percent of this amount while the rest would come from one of the largest public participation in the country.

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