It is known to our readers that Ram Charan is venturing in to airlines business and bought a stake for himself in Turbo Megha airlines. The business is going to start with 100-200 employees which includes 30 pilots and 20 air hostesses. Now all the attention is on head quarters of this airlines. If the airlines has Hyderabad as its head quarters, all the taxes will go to Telangana government.
With the state got divided and Chiranjeevi's politics interests alive only in Andhra Pradesh, people hope Charan to do business with Vijaywada or Vishakapatnam as head quarters. If Charan goes with the developed Hyderabad, it will certainly create problems for Chiranjeevi politically. Civil aviation minister Ashok Gajapathi Raju has, in the last one month, awarded no-objection certificates to the six airlines that have been pending approval for a long time and Cherry's company is also one among it.
Market Sources say it is a very worthy business given the increase in the demand of chartered flights for business people, politicians and film celebrities. Turbo Megha Airlines already approached the Directorate General of Civil Aviation (DGCA), the aviation regulator, for an airline licence. This process is expected to take about three months of time and the airlines is expected to be operational by the end of this year.
The announcement of the business will take place on July 31st in Hyderabad. Charan who is shooting for Govindhudu Andhari Vaadele in Pollachi will unveil the logo of the airlines that day. Charan will be revealing the reasons that prompted him to venture in to this business. Turbo Megha Airways Private Limited is a Private Company incorporated on 14 March 2013. It is classified as Indian Non-Government Company.
