Indian skies may soon see a new entrant in an extremely competitive market. The new airline called Fly91 will be based in Goa and will operate a fleet of leased 70-seater ATR 72-600 turboprop jets. The company is in the advanced stages of discussions with various lessors. The airline will be promoted by aviation veteran Manoj Chacko, the executive vice-president of Kingfisher Airlines and chief operating officer and CEO of business travel, SOTC, and Harsha Raghavan, former India head of Prem Watsa’s Fairfax Financial Holdings. Raghavan was also the founding managing director and former CEO of Fairbridge Capital, a wholly

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