Can FLY91 Build a Profitable Regional Airline at Scale?
FLY91 placed a firm order for 40 ATR 72-600 turboprops with deliveries through 2032, aiming to expand from 6 to 60 aircraft and serve 10 million annual passengers. The airline faces the challenge of converting India's large inter-city travel market into commercially viable routes without heavy reliance on UDAN subsidy support, which currently accounts for 55% of revenue. With only half of UDAN routes remaining operational, the carrier must identify dozens of city pairs that can sustain profitability at scale through sufficient load factors and yields.











