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Tollywood actor Ramcharan Tej is the Brand Ambassador of Turbo Megha Airways

July 23, 2014 - Hyderabad

Managing Director of new Airlines Turbo Megha V Umesh said that tollywood actor Ramcharan Tej is the brand ambassador of the organization.

The Managing Director said that the authorised capital of the company is Rs.15 crore and paid up capital is Rs.12 crore. The company is having two directors and is in primary stage. He said that to bring a shape for the company, it takes three months minimum. He said that initially it is planned that a minimum of Rs.50 crore are required and the company is having talks with High Network Individuals, Hedge Funds along with others.

The Airways Company plans to operate its services to Chennai, Bangalore, Tuticorin, Madurai, Belgaum and Hubli. For this, the companying is planning to acquire 68 seater Q-400 Bombardier Aircrafts.

Umesh said that the company Turbo Aviation was established in 2003 and are extended services ground handling to Air Deccan and from 2007, it is extending services to Jet, King Fisher, Bluedart, Air Sahara, Paramount, Spice Jet, HAL and Air India.

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