UK-India start-up carrier Hans seeking fresh investment
Will PayneUK-India start-up carrier Hans Airways is seeking fresh investment after the Civil Aviation Authority’s (CAA) financial criteria forced the carrier to delay its launch plans.
The airline said fulfilling the "rightly stringent" financial regulations required by the CAA to commence scheduled operations continues to "hinder" its entry into the market.
"This is despite satisfying all technical (AOC) aspects of long-haul airline operations and maintaining a solvent start-up business since our inception in 2019," the company said in a statement.
In light of the situation, Hans is now pursuing a number of options, including relinquishing its first aircraft and stepping up dialogue with prospective new investors and lessors.
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Place of registration: England and Wales.
Company number 08723341.
Registered address: 6th Floor, 2 London Wall Place, London EC2Y 5AU
