The other day we have revealed that Actor Ram Charan will be entering in to the business of running chartered flights. It is said that Charan bought a major stake in Turbo Megha airlines company. Charan is one of the two directors of the company. 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. 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.
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 Aviation industry in the country is under a crisis right now but market Sources say Charan's move is a calculated one as chartered flights business is a very worthy business given the increase in the demand of chartered flights for business people, politicians and film celebrities.
